Federal Register of Legislation - Australian Government

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ASIC Class Order [CO 05/0874]

Authoritative Version
  • - F2005L02665
  • No longer in force
CO 05/0874 Orders/ASIC Class Orders as made
An amending class order that removes the sunset clause of 30 September 2005 from paragraph 2 of ASIC Class Order [CO 98/55]. The effect of paragraph 2 of [CO 98/55], which is now unlimited in duration, is to exempt a responsible entity from the limitation imposed by s 601FC(4) in relation to investing or keeping scheme assets in an unregistered managed investment scheme the underlying assets of which consist solely or substantially of a pool or collection of debts, or other financial obligations, of a similar nature.
Administered by: Treasury
Made 05 Sep 2005
Registered 15 Sep 2005
Tabled HR 10 Oct 2005
Tabled Senate 05 Oct 2005
Date of repeal 22 Oct 2007
Repealed by ASIC Class Order [CO 07/570]
Table of contents.

Australian Securities and Investments Commission
Corporations Act 2001 — Paragraph 601QA(1)(a) — Variation

 

Enabling Legislation

1.         The Australian Securities and Investments Commission makes this instrument under paragraph 601QA(1)(a) of the Corporations Act 2001.

Title

2.         This instrument is ASIC Class Order [CO 05/0874].

Commencement

3.         This instrument commences on the date it is registered under the Legislative Instruments Act 2003.

Note:      An instrument is registered when it is recorded on the Federal Register of Legislative Instruments (FRLI) in electronic form: see Legislative Instruments Act 2003, s 4 (definition of register).  The FRLI may be accessed at http://www.frli.gov.au/.

Variation

4.         ASIC Class Order [98/55] is varied by omitting the words “before 30 September 2005” (twice occurring) from the introductory words of Paragraph 2 of Schedule B.

 

Dated this 5th day of September 2005

 

 

 

Signed by Brendan Byrne
as a delegate of the Australian Securities and Investments Commission