Australian Securities and Investments Commission Corporations (Offers of Convertibles) Instrument 2016/83 (Cth)

Text Part 1—Preliminary 1 Name of legislative instrument 2 Commencement 3 Authority 4 Definitions Part 2—Declaration 4 Securities that are convertible into continuously quoted securities 5 Definition of “underlying securities”

ASIC Corporations (Offers of Convertibles) Instrument 2016/83 I, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following legislative instrument. Date                9 March 2016 Grant Moodie Contents Part 1—Preliminary 1    Name of legislative instrument 2    Commencement 3    Authority 4    Definitions Part 2—Declaration 4    Securities that are convertible into continuously quoted securities 5    Definition of “underlying securities” Part 1—Preliminary 1        Name of legislative instrument This instrument is ASIC Corporations (Offers of Convertibles) Instrument 2016/83. 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 section 741 of the Corporations Act 2001. 4        Definitions In this instrument: Act means the Corporations Act 2001. Part 2—Declaration 4        Securities that are convertible into continuously quoted securities Chapter 6D of the Act applies to all persons as if section 713 were modified or varied as follows: (a)     after paragraph (1)(a) insert: “(aa)  convertible or converting notes or convertible or converting preference shares of a body that are convertible or may convert into continuously quoted securities of the body; or”; (b)     after paragraph (2)(c) insert: “(ca)  if the securities are convertible or converting notes or convertible or converting preference shares—the rights and liabilities attaching to: (i)      the convertible or converting securities themselves; and (ii)     the underlying securities; and.”. 5        Definition of “underlying securities” Chapter 6D of the Act applies to all persons as if the definition of underlying securities in section 9 of the Act were modified or varied by, after paragraph (a), inserting: “(aa)  in relation to convertible or converting notes or convertible or converting preference shares—those securities into which the convertible or converting securities may be converted; and”.