I, Kate Metz, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date    4 August 2023

Contents

Part 1—Preliminary  3

1    Name of legislative instrument 3

2    Commencement 3

3    Authority. 3

4    Schedules. 3

Schedule 1—Amendments  4

ASIC Corporations (Repeal and Transitional) Instrument 2016/396. 4

ASIC Corporations (CSSF-Regulated Financial Services Providers) Instrument 2016/1109  4

ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182  4

ASIC Corporations (Foreign Financial Services Providers—Funds Management Financial Services) Instrument 2020/199. 4

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2023/588.

2        Commencement

This instrument commences on the later of:

(a)     the date of its gazettal; and

(b)     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 paragraph 911A(2)(l) and
subsection 926A(2) 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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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 (Repeal and Transitional) Instrument 2016/396

1        Subitem 1(3) of Schedule 2

Omit “31 March 2024”, substitute “31 March 2025”.

ASIC Corporations (CSSF-Regulated Financial Services Providers) Instrument 2016/1109

2        Section 3

Repeal the section, substitute:

3       Repeal

This instrument is repealed at the end of 31 March 2025.

ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182

3        Section 3

Repeal the section, substitute:

3       Repeal

This instrument is repealed at the end of 31 March 2025.

ASIC Corporations (Foreign Financial Services Providers—Funds Management Financial Services) Instrument 2020/199

4        Section 2

Omit “1 April 2024”, substitute “1 April 2025”.