ASIC Corporations (ASIC Close Down Period) Instrument 2018/1034 (Cth)

ASIC Corporations (ASIC Close Down Period) Instrument 2018/1034 I, Anthony Graham, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 7 December 2018

Anthony Graham

Contents

Part 1—Preliminary 1 Name of legislative instrument 2 Commencement 3 Authority 4 Definitions Part 2—Declaration 5 Registration of managed investment scheme 6 Exposure period—disclosure documents 7 Exposure period—Product Disclosure Statements

Part 1—Preliminary

1 Name of legislative instrument This is the ASIC Corporations (ASIC Close Down Period) Instrument 2018/1034.

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 subsections 601QA(1), 741(1) and 1020F(1) of the Corporations Act 2001.

4 Definitions In this instrument: Act means the Corporations Act 2001. responsible person has the meaning given by subsection 1013A(3) of the Act.

Part 2—Declaration

5 Registration of managed investment scheme Chapter 5C of the Act applies to all persons as if section 601EB were modified or varied as follows: (a) after "14 days" insert "(or if subsection (1A) applies—21 days)"; (b) after subsection (1) insert: "(1A) This subsection applies if the application is lodged during a period commencing at 5 pm on the last business day before 11 December of a calendar year and ending at 9 am on the first business day after 1 January of the next calendar year. Note: A reference in this subsection to a time is a reference to the legal time in Sydney, New South Wales.".

6 Exposure period—disclosure documents Chapter 6D of the Act applies to all persons as if subsection 727(3) of the Act were omitted and substituted with the following subsection: