Commonwealth legislation

ASIC Superannuation (Repeal) Instrument 2017/573

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This Act has been repealed and is no longer in force. It is retained for historical reference.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

1/10 complexity

This instrument repeals ASIC’s Class Order CO 14/509, removing the exemptions or alternative rules it provided.

It mainly affects superannuation funds (SMSFs and APRA-regulated funds) and their trustees who relied on that class order; once repealed they must follow the standard requirements of the Superannuation Industry (Supervision) Act 1993. This is routine regulatory housekeeping—check if you now need to meet the full legal obligations the order had relaxed.

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Current sections

Direct links to the current provisions in ASIC Superannuation (Repeal) Instrument 2017/573.

ASIC Superannuation (Repeal) Instrument 2017/573

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Commonwealth Coat of Arms and ASIC logo

ASIC Superannuation (Repeal) Instrument 2017/573

I, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date: 21 June 2017

Stephen Yen

Contents

Part 1—Preliminary

1 Name of legislative instrument

ASIC Class Order [CO 14/509]

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC Superannuation ( Repeal) Instrument 2017/573.

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 section 335 of the Superannuation Industry (Supervision) Act 1993.

4 Schedules

Each instrument that is specified in the Schedule to this instrument is repealed as set out in the applicable items in the Schedule concerned.

Schedule 1—Repeals

ASIC Class Order [CO 14/509]

1 The whole of the instrument

Repeal the instrument.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

meta-content-style-type: text/css meta-content-type: application/xhtml+xml; charset=utf-8

ASIC Superannuation (Repeal) Instrument 2017/573

I, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date: 21 June 2017

Stephen Yen

Contents

Part 1—Preliminary

1 Name of legislative instrument

ASIC Class Order [CO 14/509]

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC Superannuation ( Repeal) Instrument 2017/573.

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 section 335 of the Superannuation Industry (Supervision) Act 1993.

4 Schedules

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

Schedule 1—Repeals

ASIC Class Order [CO 14/509]

1 The whole of the instrument