Commonwealth Coat of Arms of Australia

 

Australian Securities and Investments Commission Amendment (Delegation) Regulations 2021

I, General the Honourable David Hurley AC DSC (Retd), GovernorGeneral of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 01 April 2021

David Hurley

GovernorGeneral

By His Excellency’s Command

Jane Hume

Minister for Superannuation, Financial Services and the Digital Economy

 

 

 

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Amendments

Australian Securities and Investments Commission Regulations 2001

 

  This instrument is the Australian Securities and Investments Commission Amendment (Delegation) Regulations 2021.

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The day after this instrument is registered.

2 April 2021

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

  This instrument is made under the Australian Securities and Investments Commission 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  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

 

1  After regulation 8

Insert:

  For the purposes of paragraph 102(2)(c) of the Act, a person is prescribed in relation to a delegation of a function or power if the person is:

 (a) a Registrar appointed under the Commonwealth Registers Act 2020; or

 (b) a person approved by a Registrar referred to in paragraph (a), and to whom that Registrar may delegate any of its other functions, as a Commonwealth body, under a law of the Commonwealth; or

 (c) a Registrar appointed under the Corporations Act 2001; or

 (d) a person approved by a Registrar referred to in paragraph (c), and to whom that Registrar may delegate any of its other functions, as a Commonwealth body, under a law of the Commonwealth; or

 (e) a Registrar appointed under the National Consumer Credit Protection Act 2009; or

 (f) a person approved by a Registrar referred to in paragraph (e), and to whom that Registrar may delegate any of its other functions, as a Commonwealth body, under a law of the Commonwealth.