ASIC Class Order [CO 03/485]
Periodic statements under s1017D
This instrument was made under paragraph 1020F(1)(a) of the Corporations Act 2001.
This compilation was prepared on 2 August 2006 taking into account amendments up to [CO 03/654].
Prepared by the Australian Securities and Investments Commission.
Australian Securities and Investments Commission
Corporations Act 2001 — Paragraph 1020F(1)(a) — Exemption
Pursuant to paragraph 1020F(1)(a) of the Corporations Act 2001 (the “Act”) the Australian Securities and Investments Commission hereby exempts the persons described in Schedule A in the case referred to in Schedule B from subsection 1017D(1) of the Act to the extent that the statement required by that subsection for a reporting period referred to in Schedule B must include the details referred to in paragraph 7.9.75(2)(b) of the Corporations Regulations 2001 (the “Regulations”).
SCHEDULE A
Each issuer of a financial product who is required to give a periodic statement under section 1017D of the Act that must include the details referred to in paragraph 7.9.75(2)(b) of the Regulations in relation to that financial product.
SCHEDULE B
Where the periodic statement given for a reporting period ending:
(1) on or before 30 June 2003; or
(2) on or before 31 December 2003 by reason of paragraph 1017D(2)(d) of the Act,
in relation to the financial product referred to in Schedule A includes or is accompanied by statements to the effect that:
(a) amounts for fees, expenses or charges have been deducted from the common fund to which the product relates in relation to the reporting period; and
(b) these deductions are borne indirectly by the holders of the product and may affect the return to the holders; and
(c) further information about the deductions can be obtained by contacting the issuer of the product.
Notes to ASIC Class Order [CO 03/485]
Note 1
ASIC Class Order [CO 03/485] (in force under paragraph 1020F(1)(a) of the Corporations Act 2001) as shown in this compilation comprises that Class Order amended as indicated in the Tables below.
Table of Instruments
Instrument number | Date of making or FRLI registration | Date of commencement | Application, saving or transitional provisions |
[CO 03/485] | 26/6/2003 | 26/6/2003 | - |
[CO 03/654] | 4/8/2003 | 4/8/2003 | - |
Table of Amendments
ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted
Provision affected | How affected |
Introductory para | am. [CO 03/654] |
Schedule B | am. [CO 03/654] |