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ASIC Corporations (Amendment) Instrument 2021/976

Authoritative Version
  • - F2021L01691
  • No longer in force
Other as made
This amending instrument implements temporary measures aimed at facilitating financial reporting by unlisted entities whose reporting processes take additional time due to pressures on audit resources and other impacts of COVID-19.
Administered by: Treasury
Registered 02 Dec 2021
Tabling HistoryDate
Tabled HR08-Feb-2022
Tabled Senate08-Feb-2022
Date of repeal 08 Sep 2022
Repealed by Division 1 of Part 3 of Chapter 3 of the Legislation Act 2003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 2021/976

I, Douglas Niven, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date    1 December 2021

 

 

 

Douglas Niven

 



Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2021/976.

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 section 253T and subsections 341(1), 601QA(1) and 992B(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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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—Amendments

ASIC Corporations (Exempt Proprietary Companies) Instrument 2015/840

1        Subparagraph 5(1)(d)(iii)

After “7 July 2021 (both inclusive)”, insert “or between 24 December 2021 and 7 January 2022 (both inclusive)”.

ASIC Corporations (Wholly-owned Companies) Instrument 2016/785

2        Subparagraph 6(1)(s)(ii)

After “7 July 2021 (both inclusive)”, insert “or between 24 December 2021 and 7 January 2022 (both inclusive)”.

3        Subparagraph 6(1)(s)(iii)

After “7 July 2021 (both inclusive)”, insert “or between 24 December 2021 and 7 January 2022 (both inclusive)”.

4        Subsection 6(2)

After “7 July 2021 (both inclusive)”, insert “or between 24 December 2021 and 7 January 2022 (both inclusive)”.

5        Subsection 6(2)

Before “.”, insert “)”.

ASIC Corporations (Extended Reporting and Lodgment Deadlines—Unlisted Entities) Instrument 2020/395

6        The whole of the instrument

After “7 July 2021 (both inclusive)” (wherever occurring), insert “or between 24 December 2021 and 7 January 2022 (both inclusive)”.

ASIC Corporations (Extension of Time to Hold AGM) Instrument 2021/770

7        After subsection 5(2)

Insert:

(3)     The period in subsection 250N of the Act within which a public company (other than a listed public company) with a financial year ending on a date that is between 24 December 2021 and 7 January 2022 (both inclusive) must hold its AGM is extended by one month.