I, Nathan Bourne, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date    16 December 2022

Contents

Part 1—Preliminary  3

1    Name of legislative instrument 3

2    Commencement 3

3    Authority. 3

4    Schedules. 3

5    Repeal of amending and repealing instruments. 3

Schedule 1—Amendments to ASIC Derivative Transaction Rules (Clearing) 2015  4

ASIC Derivative Transaction Rules (Clearing) 2015. 4

Schedule 2—Amendments to ASIC Derivative Trade Repository Rules 2013  5

ASIC Derivative Trade Repository Rules 2013. 5

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2022/934.

2        Commencement

This instrument commences as follows:

(1)        Part 1 and the items in the Schedules to this instrument listed below commence on the day after this instrument is registered on the Federal Register of Legislation:

(a)  item 1 in Schedule 1;

(b) items 1 – 7 in Schedule 2;

(2)        the item in the Schedule to this instrument listed below commences on the later of, the day after this instrument is registered on the Federal Register of Legislation, and 21 October 2024:

(a)  item 2 in Schedule 1.

Note:    The register may be accessed at www.legislation.gov.au.

3        Authority

This instrument is made under sections 901M and 903K 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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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—Amendments to ASIC Derivative Transaction Rules (Clearing) 2015

ASIC Derivative Transaction Rules (Clearing) 2015

1        Rule 1.2.1 (definition of Reporting Rules)

Omit “ASIC Derivative Transaction Rules (Reporting) 2013”, substitute “ASIC Derivative Transaction Rules (Reporting) 2022”.

2        Rule 1.2.1 (definition of Reporting Rules)

Omit “ASIC Derivative Transaction Rules (Reporting) 2022”, substitute “ASIC Derivative Transaction Rules (Reporting) 2024”.

Schedule 2—Amendments to ASIC Derivative Trade Repository Rules 2013

ASIC Derivative Trade Repository Rules 2013

1        Rule 1.2.3

Insert:

Reporting Rules means the ASIC Derivative Transaction Rules (Reporting) 2022.

2        Rule 1.2.3 (definition of Reporting Requirements)

Omit “ASIC Derivative Transaction Rules (Reporting) 2013”, substitute “Reporting Rules”.

3        Subrule 2.2.1(4)

Omit “ASIC Derivative Transaction Rules (Reporting) 2013”, substitute “Reporting Rules”.

4        Paragraph 2.3.4(10)(c)

Omit “ASIC Derivative Transaction Rules (Reporting) 2013”, substitute “Reporting Rules”.

5        Subrule 2.3.5(1)

Omit “ASIC Derivative Transaction Rules (Reporting) 2013”, substitute “Reporting Rules”.

6        Subrule 2.4.3(1)

Omit “ASIC Derivative Transaction Rules (Reporting) 2013”, substitute “Reporting Rules”.

7        Subrule 2.6.1(1)

Omit “ASIC Derivative Transaction Rules (Reporting) 2013”, substitute “Reporting Rules”.