Australian Securities and Investments Commission Corporations (Amendment and Repeal) Instrument 2016/247 (Cth)

ASIC Corporations (Amendment and Repeal) Instrument 2016/247

I, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date: 15 August 2016

Stephen Yen

Contents

Part 1—Preliminary

1    Name of legislative instrument

2    Commencement

3    Authority

4    Schedules

5    Repeal of amending and repealing instruments

Schedule 1—Amendments

ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73

Schedule 2—Repeals

ASIC Class Order [CO 98/96]

ASIC Class Order [CO 98/101]

ASIC Class Order [CO 98/2016]

ASIC Class Order [CO 98/2395]

ASIC Class Order [CO 08/15]

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment and Repeal) Instrument 2016/247.

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 subsection 341(1) of the Corporations Act 2001.

4        Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

5        Repeal of amending and repealing instruments

(1)     The repeal of an instrument by section 4 does not affect any amendment to or repeal of another instrument (however described) made by the instrument.

(2) Subsection (1) does not limit the effect of section 7 of the Acts Interpretation Act 1901 as it applies to the repeal of an instrument by section 4.

Schedule 1—Amendments

ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73

1        Paragraph 5(a) (definition of “technical relief instrument”: table, item 2)

Omit the row, substitute:

2. ASIC Corporations (Rounding in Financial/Directors’ Reports) Instrument 2016/191 ASIC Class Order [CO 98/100] (as in force as at the day immediately before the day the class order was repealed) 

2        Paragraph 5(a) (definition of “technical relief instrument”: table, item 3)

Omit the row, substitute:

3. ASIC Corporations (Uncontactable Members) Instrument 2016/187 ASIC Class Order [CO 98/101] (as in force as at the day immediately before the day the class order was repealed) 

3        Paragraph 5(a) (definition of “technical relief instrument”: table, item 6)

Omit the row, substitute:

6. ASIC Corporations (Directors' Report Relief) Instrument 2016/188 ASIC Class Order [CO 98/2395] (as in force as at the day immediately before the day the class order was repealed) 

Schedule 2—Repeals

ASIC Class Order [CO 98/96]

1        The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 98/101]

2        The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 98/2016]

3        The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 98/2395]

4        The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 08/15]

5        The whole of the instrument

Repeal the instrument.