ASIC Corporations (Amendment) Instrument 2018/1028
I, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.
Grant Moodie
Contents
1 Name of legislative instrument
This is the ASIC Corporations (Amendment) Instrument 2018/1028.
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 992B(1) and 1020F(1) of the Corporations Act 2001.
Each instrument that is specified in a Schedule to this instrument is amended as set out in the applicable items in the Schedule.
1 Subparagraph 4(c)
Omit the subparagraph, substitute:
(c) Division 8 of Part 7.8 or Part 7.9 of the Act in relation to a financial product that is:
(i) an interest in a managed investment scheme arising out of participation or proposed participation in the IDPS; or
(ii) an equitable right or interest in an accessible financial product arising because of a holding, or an offer to hold or arrange for the holding of, the accessible financial product through the IDPS.