ASIC Corporations (Updated Product Disclosure Statements) Instrument 2016/1055 (Cth)

ASIC Corporations (Updated Product Disclosure Statements) Instrument 2016/1055 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 Definitions.................................................... Part 2—Declaration 5 Updated information in Product Disclosure Statements................. 6 Where declaration applies........................................

Part 1—Preliminary

1 Name of legislative instrument This is the ASIC Corporations (Updated Product Disclosure Statements) Instrument 2016/1055.

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 paragraph 1020F(1)(c) of the Corporations Act 2001.

4 Definitions In this instrument: Act means the Corporations Act 2001. materially adverse information means information of a kind the inclusion of which in, or the omission of which from, a Statement would render the Statement defective within the meaning of section 1021B of the Act. regulated person has the meaning given by section 1011B of the Act. responsible person has the meaning given by subsection 1013A(3) of the Act. Regulations means the Corporations Regulations 2001. Short-Form PDS and Supplementary Short-Form PDS have the same meanings as in section 761A of the Act (as notionally modified by regulation 7.9.61AA of the Regulations). Statement means a Product Disclosure Statement or a Short-Form PDS. updated information means any information that is, or but for the declaration in section 5 would be, required to be included in a Statement by section 1012J of the Act in addition to or in substitution for any information the Statement contained at the time when it is given.