ASIC Corporations (Amendment and Repeal) Instrument 2019/548
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ASIC Corporations (Amendment and Repeal) Instrument 2019/548
I, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.
Date 26 August 2019
Grant Moodie
Contents
1 Name of legislative instrument
5 Repeal of amending and repealing instruments
ASIC Corporations (Amendment and Repeal) Instrument 2015/843
ASIC Corporations (Managed investment product consideration) Instrument 2015/847
ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73
ASIC Corporations (Sale Offers That Do Not Need Disclosure) Instrument 2016/80
Part 1—Preliminary
1 Name of legislative instrument
This is the ASIC Corporations (Amendment and Repeal) Instrument 2019/548.
2 Commencement
This instrument commences on the day after it is registered on the Federal Register of Legislation.
Note: The register may be accessed at www.legislation.gov.au.
3 Authority
This instrument is made under subsections 601QA(1), 741(1) and 1020F(1) of the Corporations Act 2001.
4 Schedules
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned.
5 Repeal of amending and repealing instruments
(1) The repeal of an instrument by section 4 does not affect any amendment to or repeal of another instrument (however described) made by the instrument.
(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.
Schedule 1—Amendments
ASIC Class Order [CO 13/655]
1 Subparagraph 4(b) (notional subsection 601GAD(4))
Omit “ASIC Class Order [CO 09/425].”, substitute “ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547.”
ASIC Class Order [CO 13/656]
2 Subparagraph 4(d)
Omit “ASIC Class Order [CO 09/425].”, substitute “ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547.”
ASIC Corporations (Amendment and Repeal) Instrument 2015/843
3 Schedule 1 (item 4)
Omit the item (including the heading)
ASIC Corporations (Managed investment product consideration) Instrument 2015/847
4 Subparagraph 5(b) (notional subsection 601GAA(4))
Omit “ASIC Class Order [CO 09/425].”, substitute “ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547.”
ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73
5 Subparagraph 5(a) (definition of technical relief instrument)
In the table, omit the entire row for item 12, substitute:
| 12. | ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 | ASIC Class Order [CO 09/425] (as in force as at the day immediately before the day the class order was repealed) |
|---|
ASIC Corporations (Sale Offers That Do Not Need Disclosure) Instrument 2016/80
6 Subsection 5(4) (Category 1: Share or interest purchase plans)
Omit paragraph (a) and (b), substitute:
(a) ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547;
(b) ASIC Class Order [CO 09/425] (as in force as at the day immediately before the day the class order was repealed);
(c) an individual instrument made by ASIC which provided relief from Part 6D.2 or Part 7.9 of the Act with respect to a share purchase plan, interest purchase plan or a like plan in terms similar to those legislative instruments.
Schedule 2—Repeals
ASIC Class Order [CO 09/425]
1 The whole of the instrument
Repeal the instrument.