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ASIC Corporations (Amendment) Instrument 2023/730

Authoritative Version
  • - F2023L01255
  • In force - Latest Version
Other as made
The instrument amends the ASIC Corporations (Registration of Relevant Providers) Instrument 2023/490 and further extends the delay to the requirement for relevant providers to be registered with ASIC as a precondition for providing personal advice to retail clients about relevant financial products to 1 February 2024. The instrument allows extra time for amendments to be made to the registration provisions which will improve the operation of stage 1 of the registration process. This will benefit both AFS licensees and financial advisers.
Administered by: Treasury
Registered 18 Sep 2023
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ASIC Corporations (Amendment) Instrument 2023/730

I, Leah Sciacca, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date    15 September 2023

 

Leah Sciacca

 

Contents

Part 1—Preliminary  3

1    Name of legislative instrument 3

2    Commencement 3

3    Authority. 3

4    Schedule. 3

Schedule 1—Amendments  4

ASIC Corporations (Registration of Relevant Providers) Instrument 2023/490. 4

 

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2023/730.

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 paragraph 926A(2)(a) of the Corporations Act 2001.

4        Schedule

Each instrument that is specified in the Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in the Schedule to this instrument has effect according to its terms.

 

Schedule 1—Amendments

ASIC Corporations (Registration of Relevant Providers) Instrument 2023/490

1        Sections 5 and 7

Omit “1 October 2023” (wherever occurring), substitute “1 February 2024”.