ASIC Corporations (Amendment) Instrument 2019/698
I, Anthony Graham, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.
Anthony Graham
Contents
1 Name of legislative instrument
This is the ASIC Corporations (Amendment) Instrument 2019/698.
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 paragraphs 926A(2)(c), 951B(1)(c) and 1020F(1)(c) of the Corporations Act 2001.
The instrument specified in Schedule 1 to this instrument is amended as set out in Schedule 1.
1 Paragraph 4A (paragraph (b) of the notional definition of basic banking product in section 910A of the Corporations Act 2001)
Omit “that is related to a basic deposit product”.
2 Paragraph 4A (paragraph (e) of the notional definition of basic banking product in section 910A of the Corporations Act 2001)
Omit “this paragraph”, substitute “paragraph 961F(e)”.
3 Paragraph 6 (subparagraph (a) of the definition of affected term deposit)
Omit “, (da)”.
4 Paragraph 6 (sub-subparagraph (c)(i) of the definition of affected term deposit)
Omit “30 June 2019”, substitute “30 June 2021”.