Australian Securities and Investments Commission Corporations (Amendment) Instrument 2022/1022 (Cth)

ASIC Corporations (Amendment) Instrument 2022/1022

I, Claire LaBouchardiere, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date    16 December 2022

Claire LaBouchardiere

Contents

Part 1—Preliminary   3

1    Name of legislative instrument........................................................................ 3

2    Commencement............................................................................................... 3

3    Authority......................................................................................................... 3

4    Schedules......................................................................................................... 3

Schedule 1—Amendments  4

ASIC Class Order [CO 14/1000]......................................................................... 4

ASIC Class Order [CO 14/1001]......................................................................... 4

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2022/1022.

1. 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 741(1) and 1020F(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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

ASIC Class Order [CO 14/1000]

1        Paragraph 5

After “in relation to the offer”, insert “, provided the offer is made before 1 March 2023 and is only capable of acceptance until 1 April 2024”.

2        Paragraph 6

After “in relation to the offer of the unit”, insert “, provided the offer is made before 1 March 2023 and is only capable of acceptance until 1 April 2024”.

3        After paragraph 6 (including the note)

Insert:

Continuing offers

6A.   For the purposes of paragraphs 5 and 6, if an offer is made on a continuing basis, the date that the offer is made is the date that the offer is first made.        

ASIC Class Order [CO 14/1001]

4        Paragraph 5

After “in relation to the offer”, insert “, provided the offer is made before 1 March 2023 and is only capable of acceptance until 1 April 2024”.

5        Paragraph 6

After “in relation to the offer of the unit”, insert “, provided the offer is made before 1 March 2023 and is only capable of acceptance until 1 April 2024”.

6        After paragraph 6 (including the note)

Insert:

Continuing offers

6A.   For the purposes of paragraphs 5 and 6, if an offer is made on a continuing basis, the date that the offer is made is the date that the offer is first made.