CP 261 Remaking and repealing ASIC class orders on rights issue notifications and money market deposits
Released 15 June 2016. Comments due 15 July 2016.
This consultation paper sets out ASIC’s proposals to remake a class order on rights issue notifications and repeal a class order on money market deposits. Under the Legislation Act 2003, these class orders will expire (‘sunset’) if not remade or repealed.
We are seeking feedback from stakeholders on our proposals to:
- remake, without significant changes, Class Order [CO 02/225] Rights issue notifications-securities; and
- repeal Class Order [CO 00/231] Money market deposits.
Both these class orders are due to expire on 1 April 2017.