Australian Securities and Investments Commission Class Order [Co 03/158] (Cth)

Australian Securities and Investments Commission

Corporations Act 2001 – Paragraph 601QA(1)(a) – Variation

Under paragraph 601QA(1)(a) of the Corporations Act 2001 the Australian Securities and Investments Commission varies Class Order [CO 02/319] by omitting paragraphs 1 and 2 of Schedule D and substituting the following paragraph:

“1.        must:

(a)        at all times during the 2 year period starting on the Commencement Date either:

(i) hold a dealers licence under Part 7.3 of the Act as in force immediately prior to the Commencement Date which is subject to conditions and restrictions which refer to Class Orders [92/327], [98/65] or [00/207]; or

(ii)        hold an Australian financial services licence covering the provision of financial services relating to the scheme; and

(b)        from the end of the 2 year period starting on the Commencement Date at all times thereafter during the life of the scheme hold an Australian financial services licence covering the provision of financial services relating to the scheme;”.

Dated this 6th day of March 2003

Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission