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ASIC Corporations (Amendment) Instrument 2015/991

Authoritative Version
  • - F2015L01740
  • No longer in force
Other as made
This instrument amends the licensing exemptions for financial counsellors in [CO 03/1063] to allow those counsellors to continue to rely on the existing relief when they receive payments on behalf of a client from the Commonwealth or a State or Territory.
Administered by: Treasury
Registered 03 Nov 2015
Tabling HistoryDate
Tabled HR09-Nov-2015
Tabled Senate09-Nov-2015
Date of repeal 05 Nov 2015
Repealed by Division 1 of Part 5A of the Legislative Instruments Act 2003
Table of contents.

Commonwealth Coat of Arms and ASIC logo

ASIC Corporations (Amendment) Instrument 2015/991

I, Anthony Graham, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 29 October 2015


Anthony Graham


Part 1—Preliminary

1        Name of legislative instrument

This instrument is the ASIC Corporations (Amendment) Instrument 2015/991.

2        Commencement

This instrument commences on the later of:

(a)     the day after it is registered on the Federal Register of Legislative Instruments; and

(b)     the day after its gazettal.

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

3        Authority

This instrument is made under paragraph 911A(2)(l) of the Corporations Act 2001.

4        Schedules

Each instrument that is specified in a Schedule to this instrument is amended as set out in the applicable items in the Schedule concerned.

Schedule 1—Amendments

ASIC Class Order [CO 03/1063]

1        Paragraph (c)

After “financial counselling service”, insert “, other than fees or charges (if any) that are payable on behalf of the client by the Commonwealth, a State or a Territory”.