{"id":"F2016L01480","name":"ASIC Corporations (Repeal) Instrument 2016/909","slug":"asic-corporations-repeal-instrument-2016-909","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":438948,"registerId":"F2016L01480-fast-fetch-1775955155267","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Corporations (Repeal) Instrument 2016/909","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 2016/909\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\n \n\nGrant Moodie\n\n \n\nContents\n\n[Part 1—Preliminary](#_Toc462058033)\n\n[1 Name of legislative instrument](#_Toc462058034)\n\n[2 Commencement](#_Toc462058035)\n\n[3 Authority](#_Toc462058036)\n\n[4 Schedules](#_Toc462058037)\n\n[Schedule 1—Repeals](#_Toc462058038)\n\n[ASIC Class Order [CO 00/2449]](#_Toc462058039)\n\n[ASIC Class Order [CO 02/1296]](#_Toc462058040)\n\n \n\nPart 1—Preliminary\n\n1 Name of legislative instrument\n\nThis is the ASIC Corporations (Repeal) Instrument 2016/909.\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 341(1), 655A(1), 669(1), 673(1) and 1020F(1) of the Corporations Act 2001.\n\n4 Schedules\n\nEach instrument that is specified in the Schedule to this instrument is repealed as set out in the applicable items in the Schedule.\n\nSchedule 1—Repeals\n\nASIC Class Order [CO 00/2449]\n\n1 The whole of the instrument\n\nRepeal the instrument.\n\nASIC Class Order [CO 02/1296]\n\n2 The whole of the instrument\n\nRepeal the instrument.\n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2174},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument performs exactly its stated function: repealing two specified Class Orders. There is no expansion beyond the clear repeal mandate set out in the title and authority provisions."},"complexity_factors":["Only 2 operative provisions (repealing entire instruments)","No definitions or interpretation section","No conditional logic, exceptions, or transitional provisions","No cross-references within the operative provisions","Extremely short length (single page)"],"plain_english_summary":"**Regulatory housekeeping: ASIC is binning two old exemptions.**\n\nThis instrument is a clean-up job by the corporate regulator. It **cancels two entire Class Orders**—regulatory exemptions issued back in 2000 and 2002:\n\n*   **CO 00/2449** (the whole instrument)\n*   **CO 02/1296** (the whole instrument)\n\n**What’s a Class Order?** Think of it as an official ‘get out of jail free’ card that lets companies bypass certain rules in the *Corporations Act*. When ASIC repeals one, that exemption disappears.\n\n**Who’s affected?** Only businesses that were specifically relying on these two exemptions. If that’s you, you’ll need to start following the standard *Corporations Act* rules instead. For everyone else, this is just background tidying with no practical impact."}},"importantCases":[],"_links":{"self":"/api/acts/asic-corporations-repeal-instrument-2016-909","history":"/api/acts/asic-corporations-repeal-instrument-2016-909/history","analysis":"/api/acts/asic-corporations-repeal-instrument-2016-909/analysis","conflicts":"/api/acts/asic-corporations-repeal-instrument-2016-909/conflicts","importantCases":"/api/acts/asic-corporations-repeal-instrument-2016-909/important-cases","documents":"/api/acts/asic-corporations-repeal-instrument-2016-909/documents"}}