Australian Securities and Investments Commission (Amendment) Instrument 2021/344 (Cth)

ASIC (Amendment) Instrument 2021/344

I, James Shipton, Chairperson of the Australian Securities and Investments Commission, make the following legislative instrument.

Date    7 May 2021

James Shipton

Contents

Part 1—Preliminary

1    Name of legislative instrument

2    Commencement

3    Authority

4    Schedule

Schedule 1—Amendments

ASIC (Senior Staff Members—Determination) Instrument 2019/117

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC (Amendment) Instrument 2021/344.

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 Authority

This instrument is made under section 122A of the Australian Securities and Investments Commission Act 2001.

4        Schedule

Each instrument that is specified in the Schedule to this instrument is amended as set out in the applicable items in the Schedule.

Schedule 1—Amendments

ASIC (Senior Staff Members—Determination) Instrument 2019/117

1        Subsection 6(3)

Omit the subsection (including the heading), substitute:

Senior staff members for employment purposes

(3) A staff member who holds or acts in any of the following positions is a senior staff member for the purposes of performing functions and exercising powers in relation to the employment of staff (including the terms and conditions of employment) under section 120 of the ASIC Act:

(a)     Head, People and Development;

(b)     Senior Manager, People and Development;

(c)     Head, Information Technology;

(d)     Group Senior Manager, Office of Enforcement.