CP 280 ASIC class order on wholesale equity schemes: Licensing relief for trustees—[CO 07/74]
Released 15 March 2017. Comments close 13 April 2017
This consultation paper sets out ASIC’s proposals to either remake or repeal Class Order [CO 07/74] Wholesale equity schemes: Licensing relief for trustees. Under the Legislation Act 2003, this class order will expire (‘sunset’) if not remade.
We are seeking feedback from trustees and managers of wholesale equity schemes and other stakeholders on our proposals to either remake [CO 07/74], without significant changes, or to repeal it if it no longer forms a useful part of the legislative framework. [CO 07/74] is due to expire on 1 October 2017.