ASIC Corporations (Related Scheme Reports) Instrument 2015/839 (Cth)

ASIC Corporations (Related Scheme Reports) Instrument 2015/839 I, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Dated 18 September 2015

Stephen Yen

Contents

Part 1—Preliminary 1 Name of legislative instrument..................................... 2 Commencement................................................ 3 Authority..................................................... 4 Definitions.................................................... Part 2—Order 5 Relief enabling one financial report for related schemes.................

Part 1—Preliminary

1 Name of legislative instrument This instrument is ASIC Corporations (Related Scheme Reports) Instrument 2015/839.

2 Commencement This instrument commences on the day after it is registered on the Federal Register of Legislative Instruments. Note: The register may be accessed at http://www.comlaw.gov.au.

3 Authority This instrument is made under subsection 341(1) of the Corporations Act 2001.

4 Definitions (1) In this instrument: Act means Corporations Act 2001. director means, in relation to a registered scheme, a director (as defined in section 9 of the Act) of the responsible entity of the scheme. (2) A registered scheme is related to another registered scheme if: (a) the schemes have the same responsible entity; or (b) the responsible entities of the schemes are wholly beneficially owned by the same entity. (3) A period is of the same kind as another period if: (a) both of the periods are financial years; or (b) both of the periods are half-years.

Part 2—Order

5 Relief enabling one financial report for related schemes

Relief (1) A registered scheme (the relevant scheme) and its directors do not have to comply with Part 2M.3 of the Act to the extent that that Part prevents: (a) the financial report for a financial year (the relevant period) or half‑year (the relevant period) or concise report for a financial year: (i) including the single entity or consolidated financial statements, notes to those statements, directors' report and directors' declaration of one or more registered schemes (each an included scheme) that are related to the relevant scheme; and (ii) in the case of a concise report—omitting single entity reports for the relevant scheme; and (b) the directors' report of the relevant scheme including the directors' report of related schemes.