Federal Register of Legislation - Australian Government

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ASIC Class Order [CO 09/462]

Authoritative Version
  • - F2009L02445
  • No longer in force
CO 09/462 Orders/ASIC Class Orders as made
This instrument amends ASIC Class Order [CO 05/26] to remove a restriction on certain placements of quoted interests at a price determined by the responsible entity at more than 10% discount to make market price.
Administered by: Treasury
Registered 18 Jun 2009
Tabling HistoryDate
Tabled HR22-Jun-2009
Tabled Senate22-Jun-2009
Date of repeal 09 Aug 2013
Repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013

 

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

 

Enabling legislation

 

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

 

Title

 

2.         This instrument is ASIC Class Order [CO 09/462].

 

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.         ASIC Class Order [CO 05/26] is varied, in subparagraph 4(b), as follows:

 

(a)        omit subparagraph 601GAA(2)(c)(i), substitute:

 

“(i)       the issue, together with any related issue in the previous year does not, immediately before the issue, comprise more than 15% of the interests in that class; or”; and

 

(b)        in paragraph 601GAA(9)(a) omit “in subsubparagraph (2)(c)(i)(B) and paragraphs (3)(f),”, substitute “in paragraphs (3)(f),”.

 

 

Dated this 12th day of June 2009

 

 

 

 

Signed by Stephen Yen, PSM

as a delegate of the Australian Securities and Investments Commission