ASIC Corporations (Disclosure Relief—Offers to Associates) Instrument 2017/737

I, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date: 22 August 2017

Stephen Yen

Contents

Part 1—Preliminary

1 Name of legislative instrument

2 Commencement

3 Authority

4 Definitions

Part 2—Declaration

5 Definition of ‘senior manager’

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC Corporations (Disclosure Relief—Offers to Associates) Instrument 2017/737.

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 www.legislation.gov.au.

3 Authority

This instrument is made under subsections 741(1) and 1020F(1) of the Corporations Act 2001.

4 Definitions

In this instrument:

Act means the Corporations Act 2001.

Part 2—Declaration

5 Definition of ‘senior manager’

Chapter 6D of the Act applies to all persons and Part 7.9 applies in relation to a managed investment product as if the definition of senior manager in section 9 of the Act were modified or varied by omitting paragraph (a) and substituting:

“(a) in relation to a body—means a person who is concerned in, or takes part in, the management of the body (regardless of the person’s designation and whether or not the person is a director or secretary of the body)”.