ASIC (Amendment) Instrument 2019/606

I, James Shipton, Chairperson of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 26 June 2019

James Shipton

Contents

Part 1—Preliminary

1 Name of legislative instrument

2 Commencement

3 Authority

4 Schedule

Schedule 1—Amendments

ASIC (Senior Staff Members—Determination) Instrument 2019/117

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC (Amendment) Instrument 2019/606.

2 Commencement

This instrument commences on the later of:

(a) immediately after the commencement of ASIC (Senior Staff Members—Determination) Instrument 2019/117;

(b) 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 section 122A of the Australian Securities and Investments Commission Act 2001.

4 Schedule

Each instrument that is specified in the Schedule to this instrument is amended as set out in the applicable items in the Schedule.

Schedule 1—Amendments

ASIC (Senior Staff Members—Determination) Instrument 2019/117

1 Section 6

At the end, add:

Senior Managers in ASIC’s People and Development Team

(3) A staff member who holds or acts in a position of Senior Manager in ASIC’s People and Development Team is a senior staff member for the purposes of performing functions and exercising powers in relation to the employment of staff (including the terms and conditions of employment) under section 120 of the ASIC Act.