ASIC Corporations (Amendment) Instrument 2022/1022

I, Claire LaBouchardiere, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 16 December 2022

Claire LaBouchardiere

Contents

Part 1—Preliminary 

1 Name of legislative instrument.....................................

2 Commencement................................................

3 Authority.....................................................

4 Schedules.....................................................

Schedule 1—Amendments 

ASIC Class Order [CO 14/1000].....................................

ASIC Class Order [CO 14/1001].....................................

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2022/1022.

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 Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

ASIC Class Order [CO 14/1000]

1 Paragraph 5

After “in relation to the offer”, insert “, provided the offer is made before 1 March 2023 and is only capable of acceptance until 1 April 2024”.

2 Paragraph 6

After “in relation to the offer of the unit”, insert “, provided the offer is made before 1 March 2023 and is only capable of acceptance until 1 April 2024”.

3 After paragraph 6 (including the note)

 Insert:

Continuing offers

6A. For the purposes of paragraphs 5 and 6, if an offer is made on a continuing basis, the date that the offer is made is the date that the offer is first made.             

ASIC Class Order [CO 14/1001]

4 Paragraph 5

After “in relation to the offer”, insert “, provided the offer is made before 1 March 2023 and is only capable of acceptance until 1 April 2024”.

5 Paragraph 6

After “in relation to the offer of the unit”, insert “, provided the offer is made before 1 March 2023 and is only capable of acceptance until 1 April 2024”.

6 After paragraph 6 (including the note)

 Insert:

Continuing offers

6A. For the purposes of paragraphs 5 and 6, if an offer is made on a continuing basis, the date that the offer is made is the date that the offer is first made.