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

Date    19 February 2021

Contents

Part 1—Preliminary  3

1    Name of legislative instrument 3

2    Commencement 3

3    Authority. 3

4    Schedules. 3

Schedule 1—Amendments  4

ASIC Corporations (Litigation Funding Schemes) Instrument 2020/787. 4

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2021/116.

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 subsections 601QA(1), 926A(2) and 1020F(1) of the Corporations Act 2001.

4        Schedules

The instrument specified in Schedule 1 to this instrument is amended as set out in the applicable items in Schedule 1.

Schedule 1—Amendments

ASIC Corporations (Litigation Funding Schemes) Instrument 2020/787

1        After section 2

Insert:

2A    Cessation

This instrument ceases to apply on 22 August 2025.