Federal Register of Legislation - Australian Government

Primary content

ASIC Class Order [CO 07/166]

Authoritative Version
  • - F2007L00779
  • No longer in force
CO 07/166 Orders/ASIC Class Orders as made
This Class Order varies ASIC Class Order [CO 02/315] to clarify that a record-keeping obligation which forms part of Class Order [CO 02/315] only applies for a period of seven years.
Administered by: Treasury
Registered 23 Mar 2007
Tabling HistoryDate
Tabled HR26-Mar-2007
Tabled Senate27-Mar-2007
Date of repeal 09 Aug 2013
Repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013

Australian Securities and Investments Commission
Corporations Act 2001—Paragraph 601QA(1)(b)—Variation

 

Enabling legislation

 

1.       The Australian Securities and Investments Commission makes this instrument under paragraph 601QA(1)(b) of the Corporations Act 2001.

Title

 

2.       This instrument is ASIC Class Order [CO 07/166].

Commencement

 

3.         This instrument commences:

(a)        immediately after the commencement of ASIC Class Order           [CO 07/88]; or

(b)        the date this instrument is registered under the Legislative Instruments Act 2003,

whichever is later.

Note:        An instrument is registered when it is recorded on the Federal Register of Legislative Instruments (the FRLI) in electronic form: see the Legislative Instruments Act 2003, s 4 (definition of register).  The FRLI may be accessed at http://www.frli.gov.au/.

Variation

 

4.         ASIC Class Order [CO 02/315] is varied by, in paragraph 2, inserting after notional paragraph 601GA(1A)(f):

 

“(fa)     the operator must keep a written record in relation to a cooling-off statement referred to in paragraph (f) for 7 years after the relevant cooling-off statement is issued;”.

 

 

Dated this 14th day of March 2007 

 

 

 

 

Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission