Federal Register of Legislation - Australian Government

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Other as made
This instrument amends ASIC Class Order [CO 09/552]. It also repeals ASIC Class Orders [CO 98/50], [CO 98/60], [CO 98/1806] and [CO 98/1808].
Administered by: Treasury
Registered 04 Jul 2017
Tabling HistoryDate
Tabled HR08-Aug-2017
Tabled Senate08-Aug-2017
Date of repeal 06 Jul 2017
Repealed by Division 1 of Part 3 of Chapter 3 of the Legislation Act 2003
Table of contents.

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ASIC Corporations (Amendment and Repeal) Instrument 2017/545

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

Date: 3 July 2017

 

 

 

Stephen Yen

 



Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment and Repeal) Instrument 2017/545.

2        Commencement

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

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

3        Authority

This instrument is made under subsection 601QA(1) of the Corporations Act 2001.

4        Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.


Schedule 1—Amendment

ASIC Class Order [CO 09/552]

1        Paragraph 4(b) (before notional subsection 601GC(1AAA))

Insert:  

(1A)  If the constitution of a scheme sets out a procedure for varying or cancelling rights of a class of members of the scheme, or rights attached to a class of interests under the scheme, those rights may be varied or cancelled by a resolution under paragraph (1)(a) only if that procedure is complied with.

 


Schedule 2—Repeals

ASIC Class Order [CO 98/50]

1        The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 98/60]

2        The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 98/1806]

3        The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 98/1808]

4        The whole of the instrument

Repeal the instrument.