{"id":"F2026L00360","name":"ASIC Corporations (Disregarding Technical Relief) Instrument 2026/180","slug":"asic-corporations-disregarding-technical-relief-instrument-2026-180","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":107963,"registerId":"commonwealth-F2026L00360-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Corporations (Disregarding Technical Relief) Instrument 2026/180","content":"![Commonwealth Coat of Arms and ASIC logo](image.001.png)\n\nASIC Corporations (Disregarding Technical Relief) Instrument 2026/180\n\nI, Amanda Zeller, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.\n\nDate 23 March 2026\n\nAmanda Zeller\n\nContents\n\nPart 1—Preliminary 3\n\n1 Name of legislative instrument....................................3\n\n2 Commencement...............................................3\n\n3 Authority....................................................3\n\n4 Schedules....................................................3\n\n5 Simplified outline of this instrument...............................3\n\n6 Definitions...................................................3\n\nPart 2—Declaration 4\n\n7 Disregarding technical relief instruments for certain purposes under Chapter 6D and Part 7.9 of the Act 4\n\nPart 3—Repeal 6\n\n8 Repeal.......................................................6\n\nSchedule 1—Repeals 7\n\nASIC Corporations (Disregarding Technical Relief) Instrument 2016/73.....7\n\nPart 1—Preliminary\n\n1 Name of legislative instrument\n\nThis is the ASIC Corporations (Disregarding Technical Relief) Instrument 2026/180.\n\n2 Commencement\n\nThis instrument commences on the later of:\n\n(a) the day after it is registered on the Federal Register of Legislation; and\n\n(b) 1 April 2026.\n\n> Note: The register may be accessed at www.legislation.gov.au.\n\n3 Authority\n\nThis instrument is made under sections 741 and 1020F of the Corporations Act 2001.\n\n4 Schedules\n\nEach instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its term.\n\n5 Simplified outline of this instrument\n\n| This instrument allows entities to disregard certain technical relief granted by ASIC which would otherwise prevent them from relying on certain disclosure concessions under Chapter 6D and Part 7.9 of the Act. |\n| ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n6 Definitions\n\nIn this instrument:\n\nAct means the Corporations Act 2001.\n\nregulated person, in relation to a financial product, has the meaning given by section 1011B of the Act.\n\n  \n\nPart 2—Declaration\n\n7 Disregarding technical relief instruments for certain purposes under Chapter 6D and Part 7.9 of the Act\n\nChapter 6D of the Act applies to all persons, and Part 7.9 of the Act applies in relation to regulated persons in relation to financial products, as if the following provisions were modified or varied:\n\n(a) in section 9, insert the following definition:\n\n“technical relief instrument means any of the following:\n\n(a) ASIC Corporations (Stapled Group Reports) Instrument 2015/838 (as in force at any time before its repeal);\n\n(b) ASIC Corporations (Related Scheme Reports) Instrument 2015/839 (as in force at any time before its repeal);\n\n(c) ASIC Corporations (Post Balance Date Reporting) Instrument 2015/842 (as in force at any time before its repeal);\n\n(d) ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73 (as in force at any time before its repeal);\n\n(e) ASIC Corporations (Sale Offers: Securities Issued on Conversion of Convertible Notes) Instrument 2016/82 (as in force at any time before its repeal);\n\n(f) ASIC Corporations (Electronic Lodgment of Financial and Sustainability Reports) Instrument 2016/181 (as in force at any time before its repeal);\n\n(g) ASIC Corporations (Uncontactable Members) Instrument 2016/187;\n\n(h) ASIC Corporations (Directors' Report Relief) Instrument 2016/188;\n\n(i) ASIC Corporations (Rounding in Financial/Directors' Reports) Instrument 2016/191 (as in force at any time before its repeal);\n\n(j) ASIC Corporations (Wholly-owned Companies) Instrument 2016/785;\n\n(k) ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547;\n\n(l) ASIC Corporations (Parent Entity Financial Statements) Instrument 2021/195;\n\n(m) ASIC Corporations (Reporting by Stapled Entities) Instrument 2023/673;\n\n(n) ASIC Corporations (Post Balance Date Reporting) Instrument 2025/437;\n\n(o) ASIC Corporations (Related Scheme Reports) Instrument 2025/438;\n\n(p) ASIC Corporations (Stapled Group Reports) Instrument 2025/439;\n\n(q) ASIC Corporations (Disregarding Technical Relief) Instrument 2026/180;\n\n(r) ASIC Corporations (Electronic Lodgment of Financial and Sustainability Reports) Instrument 2026/59;\n\n(s) ASIC Corporations (Rounding in Financial/Directors’ Reports) Instrument 2026/183;\n\n(t) ASIC Corporations (Sale Offers: Securities Issued on Conversion of Convertible Notes) Instrument 2026/96;\n\n(u) an order under section 340 to the extent it relieves a company, registered scheme or disclosing entity, or any person as director or auditor of the company, scheme or entity, from the requirements of subsection 323D(3).\n\n> Note: In this definition, unless a contrary intention applies, a reference to an instrument is taken to be a reference to the instrument as in force from time to time.”;\n\n(b) in section 9, in the definition of continuously quoted securities, at the beginning of both subparagraphs (b)(ii) and (iii), insert “other than a technical relief instrument,”;\n\n(c) in paragraphs 708AA(2)(e), 708A(5)(d), 1012DAA(2)(e) and 1012DA(5)(d), at the beginning of each respective paragraph, insert “other than a technical relief instrument,”.\n\n  \n\nPart 3—Repeal\n\n8 Repeal\n\nThis instrument is repealed at the start of 1 April 2031.\n\n  \n\nSchedule 1—Repeals\n\nASIC Corporations (Disregarding Technical Relief) Instrument 2016/73\n\n1 The whole of the instrument\n\nRepeal the instrument.","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":4,"scope_assessment":{"changed":false,"description":"The legislation maintains its original narrow purpose: preventing minor technical relief from inadvertently disqualifying entities from disclosure concessions. The 2026 version updates the list of technical relief instruments to include newer ASIC instruments (2021, 2023, 2025, 2026) and removes obsolete ones, but does not expand the substantive scope beyond the original intent of the 2016 instrument."},"complexity_factors":["21 defined instruments listed in the new definition of 'technical relief instrument'","Cross-references to 4 separate sections of the Corporations Act (708AA, 708A, 1012DAA, 1012DA) and the definition of 'continuously quoted securities'","Nested temporal conditions: instruments referenced 'as in force at any time before repeal' vs 'as in force from time to time'","Incorporation of section 340 orders (audit committee relief) by description rather than specific instrument number","Self-repealing mechanism with specific date (1 April 2031)","Schedule-based repeal of predecessor instrument (2016/73)"],"plain_english_summary":"This instrument prevents minor, administrative ASIC \"technical relief\" grants from disqualifying companies and financial product issuers from using simplified disclosure concessions when issuing securities. It tells regulators to ignore a specified set of technical relief instruments (and certain audit-committee orders) when checking eligibility, cutting needless red tape and compliance costs while preserving investor protections.\n\nIt also replaces an outdated 2016 instrument and includes a self-repeal (sunset) date."},"flash_summary":{"complexity_score":6,"scope_assessment":{"changed":true,"description":"The instrument updates and expands the class of ASIC instruments treated as ‘technical relief instruments’ (cl.7(a)), explicitly includes newer 2025–2026 instruments and itself (cl.7(a)(q)), and repeals the 2016 instrument (Schedule 1). It therefore broadens and modernises the list used to deny the legal effect of ASIC technical relief for applying Chapter 6D and Part 7.9, introduces a clear commencement and a sunset (cl.2, cl.8), and alters related statutory definitions to exclude technical relief instruments (cl.7(b),(c))."},"complexity_factors":["Cross-references to multiple parts of the Corporations Act (modifies Chapter 6D and Part 7.9) — see cl.7.","Insertion of a new, lengthy definition enumerating many ASIC instruments (cl.7(a)) increases interpretive load.","Amendments to existing statutory definitions and provisions (continuously quoted securities and paragraphs 708AA(2)(e), 708A(5)(d), 1012DAA(2)(e), 1012DA(5)(d)) require re-checking upstream interactions — see cl.7(b),(c).","Self-reference: the instrument names itself in the technical relief list (cl.7(a)(q)), which can complicate temporal reading and repeal interactions.","Use of the phrase “as in force from time to time” makes the list dynamic and requires ongoing monitoring of the referenced instruments (cl.7(a) note).","Repeal of an earlier instrument (Schedule 1) combined with a statutory sunset (cl.8) creates transitional and timing complexity.","Practical compliance questions: entities must determine whether particular ASIC relief qualifies as a ‘technical relief instrument’ (cl.7(a)) to decide disclosure obligations.","Authority and scope rely on delegated ASIC power under ss 741 and 1020F of the Act (cl.3), so administrative interpretation and enforcement discretion matter."],"plain_english_summary":"This instrument makes a list of ASIC “technical relief” instruments irrelevant for applying Chapter 6D and Part 7.9 of the Corporations Act, so persons subject to those provisions (and regulated persons for financial products) can still rely on certain disclosure concessions even if ASIC has granted technical relief. It does this by inserting a new definition and amending related definitions and paragraphs.\n\nIt commences on or after 1 April 2026 (or registration) and is repealed on 1 April 2031."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/asic-corporations-disregarding-technical-relief-instrument-2026-180","history":"/api/acts/asic-corporations-disregarding-technical-relief-instrument-2026-180/history","analysis":"/api/acts/asic-corporations-disregarding-technical-relief-instrument-2026-180/analysis","conflicts":"/api/acts/asic-corporations-disregarding-technical-relief-instrument-2026-180/conflicts","importantCases":"/api/acts/asic-corporations-disregarding-technical-relief-instrument-2026-180/important-cases","documents":"/api/acts/asic-corporations-disregarding-technical-relief-instrument-2026-180/documents"}}