ASIC (Amendment, Repeal and Transitional) Instrument 17/0839 (Cth)

ASIC (Amendment, Repeal and Transitional) Instrument 2017/839 I, Anthony Graham, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 22 September 2017

Anthony Graham

Contents

Part 1—Preliminary 1 Name of legislative instrument 2 Commencement 3 Authority 4 Schedules 5 Definitions Schedule 1—Amendments ASIC Class Order [CO 13/1409] ASIC Class Order [CO 13/1410] Schedule 2—Repeals ASIC Class Order [CO 03/1110] ASIC Class Order [CO 03/1111] ASIC Class Order [CO 03/1112] Schedule 3—Savings Transitional continuation of relief given by repealed ASIC Class Orders

Part 1—Preliminary

1 Name of legislative instrument This is the ASIC (Amendment, Repeal and Transitional) Instrument 2017/839.

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 paragraphs 601QA(1)(a), 601QA(1)(b), 926A(2)(c), 992B(1)(a) and 992B(1)(c) 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4 Schedules Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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 Definitions In this instrument: Act means the Corporations Act 2001.

Schedule 1—Amendments

ASIC Class Order [CO 13/1409] 1 Paragraph 4 (notional subparagraph 601FCAA(1)(a)(iii) of the Act) Omit the notional subparagraph.

ASIC Class Order [CO 13/1410] 2 Paragraph 4 (notional paragraph 912AAC(3)(c) of the Act) Omit the notional paragraph, substitute: "(c) the property is held under an arrangement in relation to which an exemption from paragraph 981B(1)(c) or 984B(1)(a) applies because of Schedule 3 to the ASIC (Amendment, Repeal and Transitional) Instrument 2017/839; Note: Schedule 3 to the ASIC (Amendment, Repeal and Transitional) Instrument 2017/839 continues in force the exemptions under ASIC Class Order [CO 03/1110] and ASIC Class Order [CO 03/1112] (as in force immediately before their repeal) until 30 September 2018.".