Commonwealth legislation

ASIC Class Order [CO 13/830]

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This Act has been repealed and is no longer in force. It is retained for historical reference.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

2/10 complexity

This Class Order granted transitional relief to registrable superannuation entities and their RSE licensees by postponing compliance with subsection 29QB(1) of the Superannuation Industry (Supervision) Act until 31 October 2013. It let affected trustees continue operating legally while finalising new licensing arrangements, taking effect from the later of 1 July 2013 or the Order’s registration.

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Current sections

Direct links to the current provisions in ASIC Class Order [CO 13/830].

ASIC Class Order [CO 13/830]

Australian Securities and Investments Commission

Superannuation Industry (Supervision) Act 1993—Paragraph 328(1)(a)—Exemption

Enabling legislation

The Australian Securities and Investments Commission makes this instrument under paragraph 328(1)(a) of the Superannuation Industry (Supervision) Act 1993 (the Act).

Title

This instrument is ASIC Class Order [CO 13/830].

Commencement

This instrument commences on the later of:

(a) the date it is registered under the Legislative Instruments Act 2003; and

(b) 1 July 2013.

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/.

Exemption

A RSE licensee of a registrable superannuation entity does not have to comply with subsection 29QB(1) of the Act until 31 October 2013.

Dated this 28 day of June 2013

Signed by Stephen Yen PSM

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.

1 ASIC Class Order [CO 13/830]