{"id":"F2016L01504","name":"ASIC Corporations (Repeal) Instrument 2016/842","slug":"asic-corporations-repeal-instrument-2016-842","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":438957,"registerId":"F2016L01504-fast-fetch-1775955159450","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Corporations (Repeal) Instrument 2016/842","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\ntitle: ASIC Template (Amending or Repealing Legislative Instruments - April 2016)\n---\n\n![Commonwealth Coat of Arms and ASIC logo](image.001.jpeg)\n\nASIC Corporations (Repeal) Instrument 2016/842\n\nI, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.\n\n \n\nDate  19 September 2016\n\n \n\n \n\nGrant Moodie\n\n \n\nContents\n\n[Part 1—Preliminary](#_Toc462057962)\n\n[1 Name of legislative instrument](#_Toc462057963)\n\n[2 Commencement](#_Toc462057964)\n\n[3 Authority](#_Toc462057965)\n\n[4 Schedules](#_Toc462057966)\n\n[5 Repeal of repealing instruments](#_Toc462057967)\n\n[Schedule 1—Repeal](#_Toc462057968)\n\n[ASIC Class Order [CO 02/281]](#_Toc462057969)\n\n \n\nPart 1—Preliminary\n\n1 Name of legislative instrument\n\nThis is the ASIC Corporations (Repeal) Instrument 2016/842.\n\n2 Commencement\n\nThis instrument commences on 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 subsections 283GA(1), 601QA(1), 741(1) and 1075A(1) of the Corporations Act 2001.\n\n4 Schedules\n\nEach instrument that is specified in a Schedule to this instrument is repealed as set out in the applicable items in the Schedule.\n\n5 Repeal of repealing instruments\n\n(1) The repeal of an instrument by section 4 does not affect any 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—Repeal\n\nASIC Class Order [CO 02/281]\n\n1 The whole of the instrument\n\nRepeal the instrument.\n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1981},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument maintains a narrow, surgical scope strictly limited to the repeal of Class Order [CO 02/281] and does not expand into substantive policy reform."},"complexity_factors":["Single operative provision repealing only one target instrument","No defined terms or complex interpretation sections","Standard commencement formula (day after registration)","Brief savings provision preserving effects of previous repeals made by the repealed instrument"],"plain_english_summary":"**What this does**\nThis instrument repeals ASIC Class Order [CO 02/281], effectively cancelling an older regulatory rule that modified or exempted certain requirements under the Corporations Act 2001.\n\n**How it works**\nThe repeal takes effect the day after this instrument is registered on the Federal Register of Legislation. Once commenced, Class Order 02/281 no longer has legal force, meaning any exemptions or special conditions it created cease to exist.\n\n**Important safeguard (Section 5)**\nIf the old Class Order had itself repealed even earlier instruments, those earlier repeals remain valid. This prevents outdated rules from automatically coming back to life when this instrument takes effect.\n\n**Who it affects**\nBusinesses or individuals who previously relied on Class Order 02/281 for regulatory relief must ensure they now comply with the standard Corporations Act requirements or seek alternative relief."}},"importantCases":[],"_links":{"self":"/api/acts/asic-corporations-repeal-instrument-2016-842","history":"/api/acts/asic-corporations-repeal-instrument-2016-842/history","analysis":"/api/acts/asic-corporations-repeal-instrument-2016-842/analysis","conflicts":"/api/acts/asic-corporations-repeal-instrument-2016-842/conflicts","importantCases":"/api/acts/asic-corporations-repeal-instrument-2016-842/important-cases","documents":"/api/acts/asic-corporations-repeal-instrument-2016-842/documents"}}