Federal Register of Legislation - Australian Government

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ASIC Class Order [CO 08/753]

Authoritative Version
  • - F2008L03526
  • No longer in force
CO 08/753 Orders/ASIC Class Orders as made
This Class Order amends ASIC Class Order [CO 08/751] to correct a drafting anomoly in ASIC Class Order [CO 08/752], so that it applies to managed investment products and stapled securities.
Administered by: Treasury
Registered 22 Sep 2008
Tabling HistoryDate
Tabled HR24-Sep-2008
Tabled Senate24-Sep-2008
Date of repeal 11 Dec 2009
Repealed by ASIC Class Order [CO 09/1063]

Australian Securities and Investments Commission
Corporations Act 2001 — Paragraph 1020F(1)(c) — Variation

 

Enabling legislation

1.         The Australian Securities and Investments Commission makes this instrument under paragraph 1020F(1)(c) of the Corporations Act 2001 (the Act).

Title

2.         This instrument is ASIC Class Order [CO 08/753].

Commencement

3.         This instrument commences on the date it is registered under the Legislative Instruments Act 2003.

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

Variation

4.         Notional section 1020BD of the Act as set out in paragraph 4 of ASIC Class Order [CO 08/751] is varied as follows:

(a)        in subsection (1):

(i)         after “security” (first occurring), insert “or managed investment product”;

(ii)        omit “securities” (first occurring), substitute “financial products”;

(iii)       after “security” (second occurring), insert “or product”;

(b)       in subsection (2) after “security”, insert “or product”;

(c)        in subsection (3) before the definition of Market Maker, insert:

able to be traded includes (in addition to the meaning given by section 761A), in relation to a security or managed investment product and a market, traded on the market under terms by which the security or product must be transferred together with one or more other financial products.”.

Dated this 22nd day of September 2008

 

 

Signed by Anthony D’Aloisio
as a delegate of the Australian Securities and Investments Commission