Federal Register of Legislation - Australian Government

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ASIC Class Order [CO 02/641]

Authoritative Version
CO 02/641 Orders/ASIC Class Orders as made
This Class Order clarifies that section 992A of the Corporations Act 2001 does not apply to securities (which are covered by s 736) or interest in managed investment schemes (which are covered by s 992AA).
Administered by: Treasury
General Comments: This Class Order was published in the Australian Securities and Investments Commission Gazette on 11 June 2002.
Registered 02 Mar 2007
Gazetted 11 Jun 2002
Date of repeal 07 Mar 2017
Repealed by ASIC Corporations (Repeal) Instrument 2017/185

Australian Securities and Investments Commission
Corporations Act 2001 – Paragraph 992B(1)(b) – Exemption

Under paragraph 992B(1)(b) of the Corporations Act 2001 (the “Act”) the Australian Securities and Investments Commission hereby exempts:

1.         securities, and interests in managed investment schemes, from subsection 992A(3) of the Act; and

2.         interests in managed investment schemes that are not managed investment products from subsection 992A(1) of the Act.

Interpretation

In this instrument “securities” has the same meaning as it has in Chapter 7 (other than Part 7.11) of the Act.

 

Dated this 31st day of May 2002

 

 

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