Federal Register of Legislation - Australian Government

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ASIC Class Order [CO 02/1161]

Authoritative Version
CO 02/1161 Orders/ASIC Class Orders as made
This Class Order removes the need for the trustee of a public offer entity to apply for an authorisation to deal in financial products (other than an interest in the entity) on behalf of the members of the entity in the course of the operation of the entity.
Administered by: Treasury
General Comments: This Class Order was published in the Australian Securities and Investments Commission Gazette on 12/11/2002.
Registered 14 Feb 2007
Gazetted 12 Nov 2002
Date of repeal 17 May 2016
Repealed by ASIC Corporations (Repeal) Instrument 2016/379

Australian Securities and Investments Commission

Corporations Act 2001 ‑ Paragraph 911A(2)(l) ‑ Exemption

 

Under paragraph 911A(2)(l) of the Corporations Act 2001 the Australian Securities and Investments Commission hereby exempts each trustee of a public offer entity from the requirement to hold an Australian financial services licence for the provision of a financial service consisting only of dealing by that trustee in any financial products (other than an interest in the public offer entity) on behalf of the members of the entity in the course of the operation of the entity.

 

Interpretation

 

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

 

 

Dated this 31st day of October 2002

 

 

 

Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission