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This instrument repeals ASIC Class Order [CO 11/1227] Relief for providers of retirement estimates, and provides transitional relief to extend its effect until the end of 31 December 2022.
Administered by: Treasury
Registered 28 Mar 2022
Tabling HistoryDate
Tabled HR30-Mar-2022
Tabled Senate26-Jul-2022
Table of contents.

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ASIC Corporations (Repeal and Transitional—Relief for Providers of Retirement Estimates) Instrument 2022/204 

I, Jane Eccleston, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date    28 March 2022

 

 

Jane Eccleston

 



Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Repeal and Transitional—Relief for Providers of Retirement Estimates) Instrument 2022/204.

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 paragraphs 926A(2)(a) and 951B(1)(a) 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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

5        Repeal of amending and repealing instruments

(1)     The repeal of an instrument by section 4 does not affect any amendment to or repeal of another instrument (however described) made by the instrument.

(2)     Subsection (1) does not limit the effect of section 7 of the Acts Interpretation Act 1901 as it applies to the repeal of an instrument by section 4 of this instrument.


Schedule 1—Repeal

ASIC Class Order [CO 11/1227]

1        The whole of the instrument

Repeal the instrument.

 


Schedule 2—Savings

Transitional continuation of relief given by repealed ASIC Class Order

1        Transitional relief

(1)     An exemption specified in ASIC Class Order [CO 11/1227], as in force immediately before its repeal, continues to apply by force of this item, in the circumstances and on the conditions specified in relation to the exemption.

(2)     Subitem (1) has effect until the end of 31 December 2022.