CP 232 Remaking ASIC class orders on superannuation: [CO 04/1574] and [CO 06/636]

Released 2 June 2015. Comments close 7 August 2015.

About this paper

This consultation paper sets out ASIC’s proposals to remake our class orders on superannuation into ASIC instruments. Under the Legislative Instruments Act 2003, these class orders will expire (‘sunset’) if not remade.

We are seeking feedback from the Australian superannuation industry on our proposals to remake, without significant changes, the following class orders:

• Class Order [CO 04/1574] Application form and cooling-off relief for certain transfers of members between financial products and interests within a superannuation fund, which is due to expire on 1 April 2016; and
• Class Order [CO 06/636] Superannuation: Delivery of product disclosure for investment strategies, which is due to expire on 1 October 2016.

Download CP 232 (PDF 149 KB)

- attachment 1 to CP 232 - Draft ASIC Corporations (Application Form and Cooling-off Period Relief—Intra-fund Transfers) Instrument 2015/XX (PDF 108 KB)

- attachment 2 to CP 232 -  Draft ASIC Superannuation (Product Disclosure for Investment Strategies) Instrument 2015/XX (PDF 130 KB)

	Submissions
1	Australian Superannuation Funds Association (PDF 84 B)
2	Financial Services Council (PDF 524 KB)
3	Law Council of Australia (PDF 82KB)

View the report on submissions