Australian Securities and Investments Commission
Corporations Act 2001 — Paragraphs 911A(2)(l), 951B(1)(a) and 1020F(1)(a) — Variation
 
Enabling legislation
 
1.       The Australian Securities and Investments Commission makes this instrument under paragraphs 911A(2)(l), 951B(1)(a) and 1020F(1)(a) of the Corporations Act 2001 (the Act).
 
Title
 
2.       This instrument is ASIC Class Order [CO 11/1277].
 
Commencement
 
3.       This instrument commences on the later of:
 
(a)     the date it is registered under the Legislative Instruments Act 2003; and
 
(b)     the date it is gazetted.
 
Note:   An instrument is registered when it is recorded on the Federal Register of Legislative Instruments (FRLI) in electronic form: see Legislative Instruments Act 2003, section 4 (definition of register). The FRLI may be accessed at http://www.frli.gov.au/.
 
Variation
 
4.       ASIC Class Order [CO 02/1176] is varied by, in Schedule A, omitting paragraphs (a) and (b) and substituting:
 
“(a)    is covered by clause 3 of Schedule 4 to the Act;
 
(b)     on 1 July 1999 was permitted to use the expression “credit union”, “credit society”, or “credit co-operative” under section 66 of the Banking Act 1959.”.
 
 
Dated this 8th day of December 2011
 
 
 
 
Signed by Stephen Yen PSM
as a delegate of the Australian Securities and Investments Commission