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Other as made
This instrument makes the consequential amendment to regulation 7.8.13 that was missed when Division 4A was inserted in Part 7.8 of the Act. The instrument ensures that a licensee provide ASIC with an auditor's opinion on the effectiveness of the internal controls used by the licensee to comply with Division 4A as is required for Divisions 2, 3, 4, 5 and 6 of Part 7.8 of the Act.
Administered by: Treasury
Registered 29 Jun 2015
Tabling HistoryDate
Tabled HR10-Aug-2015
Tabled Senate10-Aug-2015
Table of contents.

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ASIC Corporations (AFSL Audit Opinion) Instrument 2015/586

I, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date    25 June 2015

 

 

Stephen Yen

 



Part 1—Preliminary

1        Name of legislative instrument

This instrument is ASIC Corporations (AFSL Audit Opinion) Instrument 2015/586.

2        Commencement

This instrument commences on the day after it is registered on the Federal Register of Legislative Instruments.

Note:    The register may be accessed at www.comlaw.gov.au.

3        Authority

This instrument is made under 992B of the Corporations Act 2001.

4        Definitions

In this instrument:

Act means the Corporations Act 2001.


Part 3—Declaration

7        Financial services licensee auditor's report

Part 7.8 of the Act applies in relation to a financial services licensee as if regulation 7.8.13 of the Corporations Regulations 2001 were modified or varied by, in subparagraph 7.8.13(2)(a)(i), after "4," inserting "4A,".

Part 4—Transitional

8.       Financial years to which declaration applies

The declaration in section 7 applies in relation to financial years ending on or after 30 June 2015.