Federal Register of Legislation - Australian Government

Primary content

ASIC Corporations (Amendment) Instrument 2021/299

Authoritative Version
  • - F2021L00795
  • No longer in force
Other as made
This instrument amends the ASIC Class Order [CO 13/721] to remove the requirement that an authorised participant must be an Australian resident for tax purposes.
Administered by: Treasury
Registered 21 Jun 2021
Tabling HistoryDate
Tabled HR22-Jun-2021
Tabled Senate23-Jun-2021
Date of repeal 02 Sep 2021
Repealed by Division 1 of Part 3 of Chapter 3 of the Legislation Act 2003
Table of contents.

Commonwealth Coat of Arms and ASIC logo

ASIC Corporations (Amendment) Instrument 2021/299

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

 

Date    18 June 2021

 

 

 

 

Anthony Graham

 



Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2021/299.

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), 655A(1) and 673(1) of the Corporations Act 2001 (the Act).

4        Schedules

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


Schedule 1—Amendments

ASIC Class Order [CO 13/721]

1        Paragraph 11 (notional subsection 609(19E) of the Act)

Omit the definition of Australian resident for tax purposes

2        Paragraph 11 (notional subsection 609(19E) of the Act)

Omit paragraph (b) of the definition of authorised participant

3        Paragraph 13

Omit the definition of Australian resident for tax purposes

4        Paragraph 13

Omit paragraph (b) of the definition of authorised participant