Commonwealth legislation

ASIC Corporations (Repeal) Instrument 2016/1053

In ForceCTH

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

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This instrument cancels three ASIC class orders listed in Schedule 1 and takes effect the day after it is registered. It removes the legal force of those class orders and therefore affects anyone who relied on the regulatory relief or directions they provided, while preserving any amendments or repeals those instruments previously made (see section 5).

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Current sections

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ASIC Corporations (Repeal) Instrument 2016/1053

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Commonwealth Coat of Arms and ASIC logo

ASIC Corporations (Repeal) Instrument 2016/1053

I, Anthony Graham, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 14 November 2016

Anthony Graham

Contents

Part 1—Preliminary

1 Name of legislative instrument

2 Commencement

3 Authority

4 Schedules

5 Repeal of amending and repealing instruments

Schedule 1—Repeals

ASIC Class Order [CO 02/1072]

ASIC Class Order [CO 03/237]

ASIC Class Order [CO 03/1092]

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC Corporations (Repeal) Instrument 2016/1053.

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 subsection 1020F(1) of the Corporations Act 2001.

4 Schedules

Each instrument that is specified in Schedule 1 to this instrument is repealed as set out in the applicable items in the Schedule.

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—Repeals

ASIC Class Order [CO 02/1072]

1 The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 03/237]

2 The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 03/1092]

3 The whole of the instrument

Repeal the instrument.