Federal Register of Legislation - Australian Government

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ASIC Class Order [CO 00/0169]

Authoritative Version
CO 00/169 Orders/ASIC Class Orders as made
This Class Order provides relief from the "exposure period" requirement in subsection 727(3) of the Corporations Law for a supplementary or replacement disclosure document. The relief only applies to the supplementary or replacement document, not the disclosure document it supplements or replaces.
Administered by: Treasury
General Comments: This Class Order was originally made under subsection 741(1) of the Corporations Law and is continued in force under section 1399 of the Corporations Act 2001. This Class Order was published in the Australian Securities and Investments Commission Gazette on 7 March 2000.
Registered 22 Jan 2007
Gazetted 07 Mar 2000
Date of repeal 17 Mar 2016
Repealed by ASIC Corporations (Repeal) Instrument 2016/171

Australian Securities and Investments Commission

Corporations Law  — Subsection 741(1) — Exemption

 

Pursuant to subsection 741(1) of the Corporations Law ("the Law"), and for the avoidance of doubt, the Australian Securities and Investments Commission hereby exempts each person who lodges a supplementary or replacement document under section 719 of the Law (“the updating document”) from subsection 727(3) of the Law to the extent that it would otherwise prohibit the person from accepting an application for, or issuing or transferring, securities offered under the updating document until the period of 7 days after lodgment of the updating document has ended.

 

This exemption applies only to the operation of subsection 727(3) with respect to the updating document, and does not affect its operation with respect to the disclosure document which is supplemented or replaced by the updating document.

 

 

Dated the 13th day of February 2000

 

 

 

 

Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission