Federal Register of Legislation - Australian Government

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ASIC (Amendment) Instrument 2023/0470

Authoritative Version
  • - F2023L00895
  • No longer in force
Other as made
This instrument amends the ASIC (Senior Staff Members—Determination) Instrument 2019/117 to amend the definition of ‘senior staff members’.
Administered by: Treasury
Registered 29 Jun 2023
Tabling HistoryDate
Tabled HR31-Jul-2023
Tabled Senate31-Jul-2023
Date of repeal 15 Sep 2023
Repealed by Division 1 of Part 3 of Chapter 3 of the Legislation Act 2003

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ASIC (Amendment) Instrument



I, Joseph Longo, Chairperson of the Australian Securities and Investments Commission, make the following legislative instrument.



Date: 28 June 2023





Joseph Longo


Part 1—Preliminary


1               Name of legislative instrument


This is the ASIC (Amendment) Instrument 2023/0470.


2               Commencement


This instrument commences on the later of:


(a)           1 July 2023; and


(b)          the day after this instrument 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 122A of the Australian Securities and Investments Commission Act 2001.


4               Schedule


Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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 (Senior Staff Members—Determination) Instrument 2019/117

1               Paragraph 5(d)


Omit the paragraph, substitute:


(d) without limiting anything in the paragraphs above and to avoid doubt:


(i)        Chief of Staff;


(ii)      Chief Financial Officer;


(iii)    Chief Technology Officer;


(iv)    Chief Risk Officer;


(v)      Commission Counsel;


(vi)    General Counsel;


(vii)  Special Counsel.



2               Subsection 6(3)


Omit the subsection (including the heading), substitute:


Senior staff members for employment purposes


(3)          A staff member who holds or acts in any of the following positions is a senior staff member for the purposes of performing functions and exercising powers in relation to the employment of staff (including the terms and conditions of employment) under section 120 of the ASIC Act:


(a)          Head, People and Development;


(b)          Senior Manager, People and Development.