ASIC Corporations (IDPS—Relevant Interests) Instrument 2026/100
1ASIC Corporations (IDPS—Relevant Interests) Instrument 2026/100
Start here
Get a plain-English read of 1
Turn the raw legal text into a practical explanation grounded in ASIC Corporations (IDPS—Relevant Interests) Instrument 2026/100.
Commonwealth Coat of Arms and ASIC logo
ASIC Corporations (IDPS—Relevant Interests) Instrument 2026/100
I, Amanda Zeller, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.
Date 23 March 2026
Amanda Zeller
Contents
Part 1—Preliminary 3
1 Name of legislative instrument....................................3
2 Commencement...............................................3
3 Authority....................................................3
4 Schedules....................................................3
5 Simplified outline of this instrument...............................3
6 Definitions...................................................3
Part 2—Declaration 4
7 Relevant interests and operators of IDPSs...........................4
Part 3—Repeal 5
8 Repeal.......................................................5
Schedule 1—Repeals 6
ASIC Corporations (IDPS—Relevant Interests) Instrument 2015/1067.......6
Part 1—Preliminary
1 Name of legislative instrument
This is the ASIC Corporations (IDPS—Relevant Interests) Instrument 2026/100.
2 Commencement
This instrument commences on the later of:
(a) the day after it is registered on the Federal Register of Legislation; and
(b) 1 April 2026.
Note: The register may be accessed at www.legislation.gov.au.
3 Authority
This instrument is made under subsections 655A(1) and 673(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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
5 Simplified outline of this instrument
This instrument modifies section 609 of the Act so that an operator of an investor directed portfolio service (also known as an IDPS) or a financial services licensee or their representative involved in the operation of an IDPS do not have a relevant interest in securities held through the IDPS merely because they hold the securities or have a discretion in relation to their disposal.
6 Definitions
In this instrument:
Act means the Corporations Act 2001.