Australian Securities and Investments Commission Class Order [Co 02/0244] (Cth)

Australian Securities and Investments Commission
Corporations Act 2001 — Paragraph 655A(1)(b) and 673(1)(b) — Variation

Under paragraphs 655A(1)(b) and 673(1)(b) of the Corporations Act 2001 (the “Act”) and with effect from the commencement of Schedule 1 to the Financial Services Reform Act 2001, the Australian Securities and Investments Commission hereby varies Class Order [00/455] by:

1.         omitting from the heading the word “Law” and substituting the words “Act 2001”;

2.         omitting from the introductory words:

(a)        the words “Corporations Law (Law)” and substituting the words “Corporations Act 2001 (the “Act”)”; and

(b)        the word “Law” (third and fourth occurring) and substituting the word “Act”;

3. omitting subparagraph 609(9A)(a)(ii)(B) as notionally inserted into the Act by

the class order, and renumbering subparagraphs (C) and (D) as "(B)" and "(C)"

respectively;

4.         omitting from the paragraph beginning “And pursuant to” the word “Law” (twice occurring) and substituting the word “Act”;

5. omitting from paragraph 671B(15) as notionally inserted into the Act by the class order:

(a)        the words “each relevant securities exchange” and substituting the words “the operator of each relevant financial market”; and

(b)        the word “Australia” and substituting the words “this jurisdiction”; and

6.         adding before the date of the class order the following note:

“Note:    In this instrument, “this jurisdiction” means Australia: Act, ss 5 and 9 (definition of “this jurisdiction”).”.

Dated this 1st day of March 2002

Signed by Brendan Byrne
as a delegate of the Australian Securities and Investments Commission