ASIC Corporations and Credit (Amendment) Instrument 2025/809

I, Kate Metz, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 12 December 2025

Kate Metz

Contents

Part 1—Preliminary                                                                                       3

1 Name of legislative instrument…………………………………………… 3

2 Commencement …………………………………………………………..  3

3 Authority …………………………………………………………………. 3

4 Schedules………………………………………………………………… 3

Schedule 1—Amendments                                                                                     4

ASIC Credit (Litigation Funding—Exclusion) Instrument 2020/37 ………4

ASIC Corporations (Conditional Costs Schemes) Instrument 2020/38…. 4

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC Corporations and Credit (Amendment) Instrument 2025/809.

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:

(a)     subsection 6(17) of the National Credit Code; and

(b)   subsections 601QA(1), 926A(2), 992B(1) and 1020F(1) of the Corporations Act 2001.

Note:   The National Credit Code is found in Schedule 1 to the National Consumer Credit Protection Act 2009.

4 Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

ASIC Credit (Litigation Funding—Exclusion) Instrument 2020/37

1 Subsection 5(2)

Omit “31 January 2026”, substitute “the end of 31 January 2029”.

ASIC Corporations (Conditional Costs Schemes) Instrument 2020/38

2 Section 10

Omit “31 January 2026”, substitute “the end of 31 January 2029”.