Federal Register of Legislation - Australian Government

Primary content

ASIC Class Order [CO 11/557]

Authoritative Version
  • - F2011L01141
  • No longer in force
CO 11/557 Orders/ASIC Class Orders as made
This Class Order amends ASIC Class Order [CO 11/407] to give further extension until 30 September 2011 of transitional arrangements for trustee companies who did not hold an Australian Financial Services Licence at 6/5/2010.
Administered by: Treasury
Registered 22 Jun 2011
Tabling HistoryDate
Tabled HR23-Jun-2011
Tabled Senate23-Jun-2011
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Repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013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 601YAA(1) –

Variation

 

Enabling provision

 

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

 

Title

 

2.       This instrument is ASIC Class Order [CO 11/557].

 

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, section 4 (definition of register). The FRLI may be accessed at http://www.frli.gov.au/.

 

Variation

 

4.       ASIC Class Order [CO 11/407] is varied as follows:

 

(a)     in paragraph 4 omit “1 July 2011.”, substitute “1 October 2011.”;

 

(b)     in notional section 1495A of the Act as set out in paragraph 5:

 

(i)      in subsection (2) omit “30 June 2011:”, substitute “30 September 2011:”;

 

(ii)     in the note under subsection (2) omit “30 June 2011,”, substitute “30 September 2011,”.

 

 

Dated this 14th day of June 2011

 

 

 

 

Signed by Stephen Yen PSM

as a delegate of the Australian Securities and Investments Commission