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Australian Securities and Investments Commission Corporations Act 2001 — Paragraph 1020F (1)(a) — Exemption

 

Under paragraph 1020F(1)(a) of the Corporations Act 2001 (“the Act”), and for the avoidance of doubt, the Australian Securities and Investments Commission hereby exempts each person in the class of persons mentioned in Schedule A in the case mentioned in Schedule B from section 1016B  of the Act.

 

SCHEDULE A

Persons who lodge Product Disclosure Statements of the kind mentioned in Schedule B.

 

SCHEDULE B

The lodgment of a Product Disclosure Statement under which there are offered no financial products other than managed investment products which are in the same class as managed investment products which at the time of the lodgment are able to be traded on a prescribed financial market.

 

Note: Section 1015B specifies that Product Disclosure Statements for certain managed investment products are required to be lodged.

 

 

Commencement

 

This exemption takes effect on the commencement of Schedule 1 to the Financial Services Reform Act 2001.

 

Dated the 6th day of February 2002

 

 

 

 

Signed by Brendan Byrne as a delegate of the Australian Securities and Investments Commission