CP 237 Remaking ASIC class orders on real estate companies: [CO 00/213] and [CO 05/1243]
Released 26 August 2015. Comments due 23 September 2015.
This consultation paper sets out ASIC’s proposals to remake our class orders relating to real estate companies into ASIC instruments. Under the Legislative Instruments Act 2003, these class orders will expire (‘sunset’) if not remade.
We are seeking feedback from real estate agents and valuers on our proposals to remake and consolidate, without significant changes, the following class orders:
- Class Order [CO 00/213] Real estate companies, which is due to expire on 1 October 2015; and
- Class Order [CO 05/1243] Licensing relief for valuers providing valuations of shares in real estate companies, which is due to expire on 1 April 2016.
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