ASIC Corporations (Stapled Group Reports) Instrument 2015/838 (Cth)

ASIC Corporations (Stapled Group Reports) Instrument 2015/838

About this compilation

Compilation No. 1

This is a compilation of ASIC Corporations (Stapled Group Reports) Instrument 2015/838 as in force on 26 March 2021. It includes any commenced amendment affecting the legislative instrument to that date.

This compilation was prepared by the Australian Securities and Investments Commission.

The notes at the end of this compilation (the endnotes) include information about amending instruments and the amendment history of each amended provision.

Contents

Part 1—Preliminary 1 Name of legislative instrument 3 Authority 4 Definitions Part 2—Order 5 Relief for the presentation of financial reports of stapled groups Endnotes Endnote 1—Instrument history Endnote 2—Amendment history

Part 1—Preliminary

1 Name of legislative instrument This instrument is ASIC Corporations (Stapled Group Reports) Instrument 2015/838.

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

4 Definitions (1) In this instrument: Act means the Corporations Act 2001. combined financial statements means, in relation to a stapled group, financial statements that aggregate two or more entities that are members of the group, eliminating inter-entity transactions and balances, but without: (a) identifying an acquirer or one or more acquirees; and (b) eliminating equity or reserves of the acquirees that existed when the terms on which the securities of the entities were traded on a prescribed financial market first required the securities to be transferred together. control has the same meaning as in Accounting Standard AASB 10 Consolidated Financial Statements. relevant entity means a company, registered scheme or disclosing entity which is a stapled issuer. stapled group means the group of entities consisting of: (a) a stapled issuer and each other stapled issuer a security of which under the terms on which it is traded on a prescribed financial market must be transferred with a security of the first-mentioned stapled issuer; and (b) all other entities controlled by the stapled issuers referred to in paragraph (a). stapled issuer means an entity to which both of the following apply: (a) a security of the entity under the terms on which it is traded on a prescribed financial market, must be transferred together with a security of one or more other entities; (b) there are no securities in the same class as the security first mentioned in paragraph (a) which may be transferred separately. (2) A person is a director of a registered scheme at a particular time if the person is a director of the responsible entity of the registered scheme at that time.