Released 1 July 2021. Comments close 29 July 2021.
This consultation paper sets out ASIC’s proposals to remake our class order on when debentures can be called secured notes. Under the Legislation Act 2003, this class order will expire (‘sunset’) if not remade.
We are seeking feedback from issuers of debentures and unsecured notes, law firms and other interested people on our proposal to remake, without significant changes, the following class order:
- Class Order [CO 12/1482] When debentures can be called secured notes, which is due to expire on 1 April 2022.
Note: The draft ASIC instrument is available on our website under CP 344.