Federal Register of Legislation
ASIC Corporations (Sale Offers: Securities Issued on Conversion of Convertible Notes) Instrument 2016/82
About this compilation
Compilation No. 1
This is a compilation of ASIC Corporations (Sale Offers: Securities Issued on Conversion of Convertible Notes) Instrument 2016/82 as in force on 15 November 2022. 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—Declaration 5 Definitions of "continuously quoted securities" and "convertible note" 6 Sale offer of underlying securities issued on conversion of convertible notes 7 Transfer or sale of underlying products issued on conversion of convertible notes Endnotes Endnote 1—Instrument history Endnote 2—Amendment history
Part 1—Preliminary
1 Name of legislative instrument This instrument is ASIC Corporations (Sale Offers: Securities Issued on Conversion of Convertible Notes) Instrument 2016/82.
3 Authority This instrument is made under sections 741 and 1020F of the Corporations Act 2001.
4 Definitions In this instrument: Act means the Corporations Act 2001.
Part 2—Declaration
5 Definitions of "continuously quoted securities" and "convertible note" Chapter 6D and Part 7.9 of the Act respectively apply to, and in relation to, all persons as if section 9 of the Act were modified or varied as follows: (a) in the definition of continuously quoted securities omit "prospectus or Product Disclosure Statement" (twice occurring), substitute "prospectus, Product Disclosure Statement or notice given under paragraph 708A(12C)(e) or 1012DA(12C)(e)"; (b) in the definition of convertible note after "Income Tax Assessment Act 1936", insert "and, in sections 708A and 1012DA, includes a converting note". Note: Part 7.9 applies in relation to the issue and sale of securities in a CCIV, subject to modifications in Division 4 of Part 8B.7.
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