Federal Register of Legislation - Australian Government

Primary content

ASIC Class Order [CO 02/1074]

Authoritative Version
CO 02/1074 Orders/ASIC Class Orders as made
This Class Order provides relief to superannuation trustees from the requirement to provide a Financial Services Guide (FSG). The entity will not have to provide an FSG merely because the entity deals in financial products which are the underlying investments of the fund concerned.
Administered by: Treasury
General Comments: This Class Order was published in the Australian Securities and Investments Commission Gazette on 11/10/2002.
Registered 14 Feb 2007
Gazetted 11 Oct 2002
Date of repeal 17 May 2016
Repealed by ASIC Corporations (Repeal) Instrument 2016/379

Australian Securities and Investments Commission

Corporations Act 2001 – Section 951B – Exemption

 

Under section 951B of the Corporations Act 2001 (“the Act”), the Australian Securities and Investments Commission hereby exempts each trustee of a superannuation entity from section 941A of the Act to the extent that it requires that trustee to provide a Financial Services Guide to a member of the entity, in relation to any dealing by that trustee in any financial products on behalf of the members of the entity in the course of the operation of the entity.

 

Interpretation

 

In this instrument, “superannuation entity” has the same meaning as in subsection 10(1) of the Superannuation Industry (Supervision) Act 1993.

 

 

Dated this 9th day of October 2002

 

 

 

 

Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission