Australian Securities and Investments Commission Corporations (Amendment and Repeal) Instrument 2023/694 (Cth)

ASIC Corporations (Amendment and Repeal) Instrument 2023/694

I, Leah Sciacca, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date    8 September 2023

Leah Sciacca

Contents

Part 1—Preliminary

1    Name of legislative instrument

2    Commencement

3    Authority

4    Schedules

Schedule 1—Amendments

ASIC Corporations (Managed investment product consideration) Instrument 2015/847

ASIC Corporations (Definition of Approved Foreign Market) Instrument 2017/669

Schedule 2—Repeals

ASIC Class Order [CO 13/655]

ASIC Class Order [CO 13/657]

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment and Repeal) Instrument 2023/694.

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 subsections 283GA(1), 601QA(1), 655A(1), 741(1), 926A(2), 992B(1), 1020F(1) and 1100ZK(2)  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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

ASIC Corporations (Managed investment product consideration) Instrument 2015/847

1        Section 8

Omit all the words after “published”, substitute:

on its website:

(a) a notice that it will rely on ASIC Class Order [CO 13/655]; or

(b)     a notice that it will rely on ASIC Corporations (Discretions for Setting the Issue Price and Withdrawal Price of Interests in Managed Investment Schemes) Instrument 2023/693.

ASIC Corporations (Definition of Approved Foreign Market) Instrument 2017/669

2        Section 4 (paragraph (c) of the of the definition of applicable ASIC legislative instrument)

Omit “ASIC Class Order [CO 13/655]”, substitute “ASIC Corporations (Discretions for Setting the Issue Price and Withdrawal Price of Interests in Managed Investment Schemes) Instrument 2023/693”.

Schedule 2—Repeals

ASIC Class Order [CO 13/655]

1        The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 13/657]

2        The whole of the instrument

Repeal the instrument.