Events listed in Legislation Act 2003
23-263MR ASIC remakes sunsetting legislative instruments on takeovers, compulsory ...
ID 25122
In response to CP 365, ASIC has remade seven legislative instruments related to takeovers, compulsory acquisitions, and relevant interests. These instruments were set to automatically sunset on 1 October 2023 if not remade. The remade instruments are as follows: – [CO 12/1209], has been restructured and is now represented by ASIC Corporations (Relevant Interests, ASIC and ASIC Chairperson) Instrument 2023/194. – [CO 13/519], originally ...
23-082MR ASIC consults on remaking ‘sunsetting’ class orders on IDPS and IDPS-like ...
ID 22498
ASIC has announced that it is seeking feedback on proposals to remake two ‘sunsetting’ class orders that relate to IDPS and IDPS-like schemes. Under the Legislation Act 2003, all class orders are automatically repealed after a certain period of time, usually 10 years, unless ASIC takes steps to preserve them. The IDPSs are managed investment schemes that offer transactional, custodial, and reporting services, with ...
23-072MR ASIC consults on ‘sunsetting’ class orders on changing responsible ...
ID 22414
The ASIC has released Consultation Paper 368 (CP 368), seeking feedback on proposals to remake two class orders that are set to expire on 1 October 2023. The class orders in question are Class Order [CO 13/519], which deals with changing the responsible entity of a listed scheme, and Class Order [CO 13/656], which provides an exemption for responsible entities and corporate directors from ...