Federal Register of Legislation - Australian Government

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ASIC Class Order [CO 02/0247]

Authoritative Version
  • - F2006B01571
  • No longer in force
CO 02/247 Orders/ASIC Class Orders as made
This Class Order amends ASIC Class Order [CO 98/1417].
Administered by: Treasury
General Comments: This Class Order was published in the Australian Securities and Investments Commission Gazette on 12 March 2002.
Registered 11 Sep 2006
Gazetted 12 Mar 2002
Date of repeal 09 Aug 2013
Repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013



Australian Securities and Investments Commission

Corporations Act 2001 - Subsection 341(1) - Variation



Under subsection 341(1) of the Corporations Act 2001 and with effect from the commencement of Schedule 1 to the Financial Services Reform Act 2001, the Australian Securities and Investments Commission hereby varies Class Order [98/1417] by:


1.      omitting from paragraph (d) the words "a licensed securities dealer or a futures broker" and substituting the words "or a financial services licensee"; and


2.      adding after the definition of "directors" in the text under the heading "Interpretation" the following text:


"financial services licensee" means:


(a)      a financial services licensee within the meaning of the Act; and


(b)      during the transition period (within the meaning of subsection 1431(1) of the Act) for a regulated principal, also includes a reference to a regulated principal referred to in items 1 and 3 of the table in subsection 1430(1) of the Act;".



Dated the 2nd day of March 2002




Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission