Australian Securities and Investments Commission

Corporations Act 2001 - Subsection 741(1) - Variation

Under subsection 741(1) of the Corporations Act 2001 (the "Act") and with effect from the commencement of Schedule 1 to the Financial Services Reform Act 2001, the Australian Securities and Investments Commission hereby varies Class Order [00/178] by:

1. omitting from the heading the word "Law" and substituting the words "Act 2001";

2. omitting from the introductory words:

(a) the words "Corporations Law (the "Law")" and substituting the words "Corporations Act 2001 (the "Act")";

(b) the word "Law" (third and fourth occurring) and substituting the word "Act";

(c) the word "Australia" and substituting the words "this jurisdiction";

3. omitting from Schedule A the word "Law" and substituting the word "Act";

4. omitting from paragraph (a) of Schedule B, the word "Australia" (thrice occurring) and substituting the words "this jurisdiction"; and

5. omitting paragraph (b) of Schedule B, and substituting the following paragraph and note:

"(b) complies with any legislative requirements and the operating rules of the financial market applicable to such advertisements or statements in the place in which the newspaper or periodical is produced.

Note: In this instrument, "this jurisdiction" means Australia: Act, ss 5 and 9 (definition of "this jurisdiction").".

Dated this 8th day of March 2002

Signed by Brendan Byrne

as delegate of the Australian Securities and Investments Commission