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ASIC Corporations (Amendment) Instrument 2018/1028

I, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date 8 November 2018

 

 

Grant Moodie

 

Contents

Part 1—Preliminary

1 Name of legislative instrument

2 Commencement

3 Authority

4 Schedules

Schedule 1—Amendments

ASIC Class Order [CO 13/763]

Part 1Preliminary

1 Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2018/1028.

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 subsection 992B(1) and 1020F(1) of the Corporations Act 2001.

4 Schedules

Each instrument that is specified in a Schedule to this instrument is amended as set out in the applicable items in the Schedule.

Schedule 1Amendments

ASIC Class Order [CO 13/763]

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.