ASIC Corporations (Amendment and Repeal) Instrument 2017/41
I, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.
Date 8 March 2017
Grant Moodie
ASIC Corporations (Amendment and Repeal) Instrument 2017/41
I, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.
Date 8 March 2017
Grant Moodie
Contents
1 Name of legislative instrument
5 Repeal of repealing instruments
ASIC Corporations (Managed investment product consideration) Instrument 2015/847
1 Name of legislative instrument
This is the ASIC Corporations (Amendment and Repeal) Instrument 2017/41.
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.
This instrument is made under subsection 601QA(1) of the Corporations Act 2001.
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned.
5 Repeal of repealing instruments
(1) The repeal of an instrument by section 4 does not affect any 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.
1 Subparagraph 4(b) (notional subsection 601GAD(6))
Omit “ASIC Class Order [CO 03/217].”, substitute “ASIC Corporations (Registered Schemes—Differential Fees) Instrument 2017/40.”.
ASIC Corporations (Managed investment product consideration) Instrument 2015/847
2 Section 7 (Note 2)
Repeal the note, substitute:
Note 2: Relief from compliance with paragraph 601FC(1)(d) of the Act for differential fee arrangements of the kind covered by notional subsection 601GAA(6) of the Act set out above is provided by ASIC Corporations (Registered Schemes—Differential Fees) Instrument 2017/40: see subsection 5(3).