Federal Register of Legislation - Australian Government

Primary content

ASIC Credit (Repeal) Instrument 2020/836

Authoritative Version
  • - F2020L01266
  • In force - Latest Version
Other as made
This instrument repeals the ASIC Class Order [CO 10/381] and ASIC Class Order [CO 10/1230] which are class orders that currently implement the policy underlying the Unlicensed COI Lenders Instrument and the Electronic Precontractual Disclosure Instrument.
Administered by: Treasury
Registered 30 Sep 2020
Tabling HistoryDate
Tabled HR06-Oct-2020
Tabled Senate06-Oct-2020
Table of contents.

Commonwealth Coat of Arms and ASIC logo

ASIC Credit (Repeal) Instrument 2020/836

I, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date    28 September 2020

 

 

 

 

 

 

Grant Moodie

 



Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Credit (Repeal) Instrument 2020/836.

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:

(a)     item 41 of Schedule 2 to the National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009;

(b)     paragraph 163(3)(d) of the National Consumer Credit Protection Act 2009;

(c)     subsection 203A(3) of the National Credit Code.

4        Schedules

Each instrument that is specified in a Schedule to this instrument is repealed as set out in the applicable items in the Schedule.


Schedule 1—Repeals

ASIC Class Order [CO 10/381]

1        The whole of the instrument

Repeal the instrument.

ASIC Class Order [CO 10/1230]

2        The whole of the instrument

Repeal the instrument.