CP 283 Remaking ASIC class order on credit union member shares: [CO 02/1176]

Released 25 May 2017. Comments close 23 June 2017.

This consultation paper sets out ASIC’s proposals to remake our class order on credit union member shares. Under the Legislation Act 2003, this class order will expire (‘sunset’) if not remade.

We are seeking feedback from the credit union industry, and mutual banks that previously operated as credit unions, on our proposal to remake, without significant changes, Class Order [CO 02/1176] Credit union member shares, which is due to expire on 1 April 2018.