ASIC Corporations (Amendment and Repeal) Instrument 2021/799
I, Anthony Graham, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.
Anthony Graham
1 Name of legislative instrument
ASIC Corporations (Avia Syndicate) Instrument 2015/825
ASIC Corporations (Employee redundancy funds relief) Instrument 2015/1150
ASIC Corporations (Horse Schemes) Instrument 2016/790
ASIC Corporations (School Enrolment Deposits) Instrument 2016/812
ASIC Corporations (Charitable Investment Fundraising) Instrument 2016/813
ASIC Corporations (Serviced Apartment and Like Schemes) Instrument 2016/869
ASIC Corporations (Property Rental Schemes) Instrument 2016/870
ASIC Corporations (Managed Discretionary Account Services) Instrument 2016/968
ASIC Corporations (Managed Investment Schemes: Interests Not For Money) Instrument 2016/1107
ASIC Corporations (Nominee and Custody Services) Instrument 2016/1156
ASIC Corporations (Mortgage Investment Schemes) Instrument 2017/857
ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547
ASIC Corporations (Conditional Costs Schemes) Instrument 2020/38
ASIC Corporations (Securities and Managed Investment Scheme Hawking Relief) Instrument 2017/184
ASIC Corporations (Life Risk Insurance and Consumer Credit Insurance) Instrument 2019/839
1 Name of legislative instrument
This is the ASIC Corporations (Amendment and Repeal) Instrument 2021/799.
This instrument commences on the later of:
(a) 5 October 2021; and
(b) 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 subsections 601QA(1), 741(1), 992B(1) and 1020F(1) of the Corporations Act 2001.
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned.
1 Subparagraph 4(a)
After “6D.3” insert “or section 992A”.
2 Paragraph 4(b)
After “6D.3” insert “or section 992A”.
3 Paragraph 11(a)
Omit “of the Act for an offer securities”, substitute “or section 992A of the Act for an offer”.
4 Paragraph 13
Omit “unsolicited meeting or telephone call held or”, substitute “unsolicited contact with the eligible participant”.
5 Paragraph 13
Omit “section 736, 992A or 992AA”, substitute “section 992A”.
6 Paragraph 13
Omit “unsolicited meeting or telephone call held or”, substitute “unsolicited contact with the eligible participant”.
7 Paragraph 13
Omit “section 736, 992A or 992AA”, substitute “section 992A”.
ASIC Corporations (Avia Syndicate) Instrument 2015/825
8 Subsection 5(3)
Omit “(except section 736)”.
ASIC Corporations (Employee redundancy funds relief) Instrument 2015/1150
9 Subsection 5(2)
Omit “; 992A; and 992AA;”, substitute “and 992A”.
ASIC Corporations (Horse Schemes) Instrument 2016/790
10 Subsection 6(4)
Omit “992AA”, substitute “992A”.
11 Subsection 6(4)
Omit all the words from and including “because of” to and including “meeting or call”, substitute “because of, an unsolicited contact with the person, if, at the commencement of the unsolicited contact”.
ASIC Corporations (School Enrolment Deposits) Instrument 2016/812
12 Paragraph 5(1)(c)
Omit “992AA of the Act in relation to”, substitute “992A of the Act in relation to a school enrolment debenture or”.
ASIC Corporations (Charitable Investment Fundraising) Instrument 2016/813
13 Paragraph 5(1)(c)
Omit “992AA of the Act in relation to”, substitute “992A of the Act in relation to a debenture or”.
ASIC Corporations (Serviced Apartment and Like Schemes) Instrument 2016/869
14 Paragraph 5(1)(c)
Omit “sections 992A and 992AA”, substitute “section 992A”.
15 Section 9
Omit “and 992AA”.
ASIC Corporations (Property Rental Schemes) Instrument 2016/870
16 Section 7
Omit “sections 992A and 992AA”, substitute “section 992A”.
ASIC Corporations (Managed Discretionary Account Services) Instrument 2016/968
17 Paragraph 5(1)(b) and subsection 11(1)
After “6D.3” insert “or section 992A”.
ASIC Corporations (Managed Investment Schemes: Interests Not For Money) Instrument 2016/1107
18 Subsections 5(3), 6(3) and 7(3)
Omit “992AA”, substitute “992A”.
ASIC Corporations (Nominee and Custody Services) Instrument 2016/1156
19 Paragraphs 5(1)(a) and 6(1)(a)
After “6D.3” insert “or section 992A”.
ASIC Corporations (Mortgage Investment Schemes) Instrument 2017/857
20 Subsection 5(4)
Omit “992AA”, substitute “992A”.
21 Subsection 5(4)
Omit all the words after “because of”, substitute “, an unsolicited contact with the person”.
ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547
22 Subsection 6(2)
Omit “(other than sections 736 and 738)”.
ASIC Corporations (Conditional Costs Schemes) Instrument 2020/38
23 Section 7
Omit “subsection 992A(1) or (3), or subsection 992AA(1),”, substitute “section 992A”.
ASIC Corporations (Securities and Managed Investment Scheme Hawking Relief) Instrument 2017/184
1 The whole of the instrument
Repeal the instrument.
ASIC Corporations (Life Risk Insurance and Consumer Credit Insurance) Instrument 2019/839
2 The whole of the instrument
Repeal the instrument.