Australian Securities and Investments Commission Class Order [Co 04/607] (Cth)

Australian Securities and Investments Commission

Corporations Act 2001 — Subsections 601QA(1), 741(1), 992B(1) and 1020F(1) — Variation

Under subsections 601QA(1), 741(1), 992B(1) and 1020F(1) of the Corporations Act 2001 the Australian Securities and Investments Commission varies Class Order [CO 02/295] as follows:

1.         in paragraph 1:

(a)        omit the definition of “accessible investments”, reinsert that definition after the definition of “accessible financial products”;

(b)        omit the definition of “accessible securities”, substitute:

““accessible securities” means securities that may be held through an NCS.”; and

(c)        omit the definitions of “new disclosure financial products” and “new product disclosure provisions”;

2.         omit paragraph 2(b), substitute:

“(b) Parts 6D.2 and 6D.3 of the Act for an offer of accessible securities for issue or sale resulting in the acquisition of accessible securities by the custodian as part of the NCS; and”;

3.         in subparagraph 2(e) omit “new disclosure”; and

4.         omit paragraph 3(b), substitute:

“(b) Parts 6D.2 and 6D.3 of the Act for an offer of accessible securities for issue or sale resulting in the acquisition of accessible securities by the custodian as part of the NCS (except where the person is the issuer of those accessible securities); and”.

Dated this 1st day of June 2004

Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission