CP 274 Remaking ASIC class orders on application form requirements
Released 25 November 2016. Comments close 2 January 2017.
This consultation paper sets out ASIC’s proposals to remake our class orders on the application form requirements under Div 2 of Pt 7.9 and Pt 6D.2 of the Corporations Act 2001. Under the Legislation Act 2003, these class orders will expire (‘sunset’) if not remade.
We are seeking feedback from the financial services industry on our proposals to remake, with changes, as a single new instrument:
- [CO 02/260], [CO 02/262] and [CO 07/10] (paragraphs 4 and 8), which sunset on 1 April 2017; and
- [CO 02/437], which sunsets on 1 October 2017.
We are also seeking feedback on our proposals to incorporate ASIC Corporations (Options: Bonus Issues) Instrument 2016/77 and [CO 14/26] into the new instrument.