Commonwealth legislation

ASIC Class Order [14/128]

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

What this does

This instrument cancels (repeals) an older regulatory rule called ASIC Class Order [CO 00/189]. ASIC Class Orders are official exemptions that allow certain people or companies to bypass specific requirements in the Corporations Act 2001.

Who it affects

Any businesses or individuals who were relying on Class Order [CO 00/189] to avoid particular legal obligations.

Why it matters

When ASIC repeals a class order, it generally means the exemption is no longer available. Affected parties must either:

Comply with the standard Corporations Act rules that previously applied, or
Find a different exemption or relief that now applies to their situation

JSON API

Deep dive

Want the full deep dive?

Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.

Current sections

Direct links to the current provisions in ASIC Class Order [14/128].

ASIC Class Order [14/128]

meta-content-style-type: text/css meta-content-type: application/xhtml+xml; charset=utf-8 meta-generator: Aspose.Words for .NET 20.2

Australian Securities and Investments Commission Corporations Act 2001 – Subsection 741(1) – Repeal

Enabling legislation

1. The Australian Securities and Investments Commission (ASIC) makes this instrument under subsection 741(1) of the Corporations Act 2001.

Title

2. This instrument is ASIC Class Order [CO 14/128].

Commencement

3. This instrument commences on the date it is registered under the Legislative Instruments Act 2003.

Note: An instrument is registered when it is recorded on the Federal Register of Legislative Instruments (FRLI) in electronic form: see Legislative Instruments Act 2003, section 4 (definition of register). The FRLI may be accessed at http://www.frli.gov.au/.

Repeal

4. ASIC repeals ASIC Class Order [CO 00/189].

Dated this 26th day of February 2014

Signed by Grant Moodie

as a delegate of the Australian Securities and Investments Commission

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.