ASIC Corporations and Credit (Breach Reporting—Reportable Situations) Instrument 2024/620 (Cth)

ASIC Corporations and Credit (Breach Reporting—Reportable Situations) Instrument 2024/620 I, Jane Eccleston, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 23 September 2024

Jane Eccleston

Contents

Part 1—Preliminary 3 1 Name of legislative instrument....................................3 2 Commencement...............................................3 3 Authority....................................................3 4 Definitions...................................................3 Part 2—Declaration 4 5 Reportable Situations...........................................4 6 Insignificant contraventions of core obligations......................4 7 Reporting period for additional reportable situations...................7 8 Core obligations...............................................8 Part 3—Repeal 9 9 Repeal.......................................................9

Part 1—Preliminary

1 Name of legislative instrument This is the ASIC Corporations and Credit (Breach Reporting—Reportable Situations) Instrument 2024/620.

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 subsection 926A(2) of the Corporations Act 2001 and subsection 109(3) of the National Consumer Credit Protection Act 2009.

4 Definitions In this instrument: Australian credit licence has the same meaning as in section 5 of the Credit Act. Corporations Act means the Corporations Act 2001. Credit Act means the National Consumer Credit Protection Act 2009. credit licensee means a person who holds an Australian credit licence. financial services licensee has the same meaning as in section 9 of the Corporations Act.