Australian Securities and Investments Commission Class Order [Co 07/409] (Cth)

Australian Securities and Investments Commission

Corporations Act 2001 — Paragraph 1020F(1)(c) — Variation

Enabling Legislation

1. The Australian Securities and Investments Commission makes this instrument under paragraph 1020F(1)(c) of the Corporations Act 2001 (the Act).

Title

1. This instrument is ASIC Class Order [CO 07/409].

Commencement

1. This instrument commences on the date it is registered under the Legislative Instruments Act 2003.

Note:       An instrument is registered when it is recorded on the Federal Register of Legislative Instrument (FRLI) in electronic form: see Legislative Instruments Act 2003, section 4 (definition of register).  The FRLI may be accessed at type="1">

Part 7.9 of the Act applies in relation to a general insurance product as if item 2(2) of Schedule 5 to the Corporations Amendment Regulations 2005 (No 5) were modified or varied by omitting the definition of transition period and substituting:

“transition period means the period commencing on the commencing day and ending on 31 August 2007.”.

Interpretation

1. In this instrument:

general insurance product has the meaning given by section 761A of the Act.

Dated this 12th day of June 2007

Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission