ASIC Corporations (Securities and Managed Investment Scheme Hawking Relief) Instrument 2017/184
I, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.
Stephen Yen
Contents
1 Name of legislative instrument
This instrument is the ASIC Corporations (Securities and Managed Investment Scheme Hawking Relief) Instrument 2017/184.
This instrument commences on the day after it is registered on the Federal Register of Legislation.
Note: The register may be accessed at www.legislation.gov.au.
This instrument is made under subsection 992B(1) of the Corporations Act 2001.
In this instrument:
Act means the Corporations Act 2001.
5 Hawking relief for certain financial products
Relief for unregistered managed investment schemes
(1) A person making an offer of interests in a managed investment scheme that are not managed investment products does not have to comply with subsection 992A(1) of the Act.
Relief for securities and interests in managed investment schemes
(2) A person making an offer of securities or interests in a managed investment scheme does not have to comply with subsection 992A(3) of the Act.