{"id":"F2016L01528","name":"ASIC Corporations (Repeal) Instrument 2016/810","slug":"asic-corporations-repeal-instrument-2016-810","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":438969,"registerId":"F2016L01528-fast-fetch-1775955169408","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Corporations (Repeal) Instrument 2016/810","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\n---\n\n![Commonwealth Coat of Arms and ASIC logo](image.001.jpeg)\n\nASIC Corporations (Repeal) Instrument 2016/810\n\nI, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.\n\nDate: 22 September 2016\n\n \n\n \n\nStephen Yen\n\n \n\nContents\n\n[Part 1—Preliminary](#_Toc462309974)\n\n[1 Name of legislative instrument](#_Toc462309975)\n\n[2 Commencement](#_Toc462309976)\n\n[3 Authority](#_Toc462309977)\n\n[4 Schedules](#_Toc462309978)\n\n[5 Repeal of amending and repealing instruments](#_Toc462309979)\n\n[Schedule 1—Repeals](#_Toc462309980)\n\n[ASIC Class Order [CO 02/184]](#_Toc462309981)\n\nPart 1—Preliminary\n\n1 Name of legislative instrument\n\nThis instrument is ASIC Corporations (Repeal) Instrument 2016/810.\n\n2        Commencement\n\nThis instrument commences on the later of:\n\n(a)          the date of its gazettal; and\n\n(b)          the day after it is registered on the Federal Register of Legislation.\n\nNote: The register may be accessed at [www.legislation.gov.au](http://www.legislation.gov.au).\n\n3 Authority\n\nThis instrument is made under paragraphs 283GA(1)(a), 601QA(1)(a), 741(1)(a), 911A(2)(l), 992B(1)(a) and 1020F(1)(a) of the Corporations Act 2001.\n\n4 Schedules\n\nEach instrument that is specified in the Schedule to this instrument is repealed as set out in the applicable items in the Schedule.\n\n5 Repeal of amending and repealing instruments\n\n(1) The repeal of an instrument by section 4 does not affect any amendment to or repeal of another instrument (however described) made by the instrument.\n\n(2) Subsection (1) does not limit the effect of section 7 of the Acts Interpretation Act 1901 as it applies to the repeal of an instrument by section 4 of this instrument.\n\nSchedule 1—Repeals\n\nASIC Class Order [CO 02/184]\n\n1 The whole of the instrument\n\nRepeal the instrument.\n","sortOrder":0}],"analysis":{"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"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument performs exactly the function its title suggests: repealing a specific class order. There is no scope creep — it does not expand regulatory reach, create new obligations, or modify existing law beyond removing the specified instrument."},"complexity_factors":["Extremely short — only 5 operative sections plus a schedule","Single, straightforward repeal action with no conditional logic","Only 6 defined statutory authorities cited (Corporations Act provisions in section 3)","No nested exceptions or complex cross-referencing beyond standard Acts Interpretation Act reference","Standard boilerplate commencement and interpretation provisions"],"plain_english_summary":"This instrument is a housekeeping repeal: ASIC removes the outdated Class Order [CO 02/184], ending the blanket relief it once provided. \n\nAffected parties—businesses and financial professionals that relied on that class order—should check whether they now must comply with the ordinary Corporations Act or seek alternative relief. The repeal is part of regulatory cleanup and carries standard safeguards so past actions under the old order remain valid."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"The instrument's expressly stated purpose is to repeal the instruments listed in its Schedule. It does not expand or alter the legal effect of those instruments beyond repeal and expressly preserves any amendments or repeals they had previously made to other instruments (s5)."},"complexity_factors":["Narrow, single-purpose instrument that only effects repeals (s4; Schedule 1).","Simple commencement test: later of gazettal or day after registration (s2).","Made under several Corporations Act powers, requiring cross-reference to enabling provisions (s3).","Savings and interaction clause preserves prior amendments/repeals and invokes Acts Interpretation Act consequences (s5(1) and s5(2)).","Practical complexity arises for affected parties who must determine operational impact of removing the class order (Schedule item: CO 02/184)."],"plain_english_summary":"**ASIC Corporations (Repeal) Instrument 2016/810** cancels the ASIC instruments listed in its Schedule—most notably ASIC Class Order [CO 02/184]. It starts on the later of its gazettal or the day after registration on the Federal Register. \n\nThe instrument is made under powers in the Corporations Act and preserves any amendments or repeals those instruments had already made to other instruments. Parties who relied on the repealed class order should review their compliance arrangements."}},"importantCases":[],"_links":{"self":"/api/acts/asic-corporations-repeal-instrument-2016-810","history":"/api/acts/asic-corporations-repeal-instrument-2016-810/history","analysis":"/api/acts/asic-corporations-repeal-instrument-2016-810/analysis","conflicts":"/api/acts/asic-corporations-repeal-instrument-2016-810/conflicts","importantCases":"/api/acts/asic-corporations-repeal-instrument-2016-810/important-cases","documents":"/api/acts/asic-corporations-repeal-instrument-2016-810/documents"}}