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ASIC Credit (Amendment) Instrument 2022/81

Authoritative Version
  • - F2022L00175
  • In force - Latest Version
Other as made
This instrument amends the to extend the relief for simple arrangements following a hardship notice to 1 April 2024.
Administered by: Treasury
Registered 23 Feb 2022
Tabling HistoryDate
Tabled Senate28-Mar-2022
Tabled HR29-Mar-2022
Table of contents.

Commonwealth Coat of Arms and ASIC logo

ASIC Credit (Amendment) Instrument 2022/81

I, Joanna Bird, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date    22 February 2022

 

 

 

Joanna Bird

 



Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Credit (Amendment) Instrument 2022/81.

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 203A(3) of the National Credit Code.

Note:    The National Credit Code is found in Schedule 1 to the National Consumer Credit Protection Act 2009.

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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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 Class Order [CO 14/41]

1        Paragraph 5

Omit “1 March 2022”, substitute “1 April 2024”.

2        Paragraph 8

Omit “1 March 2022”, substitute “1 April 2024”.