Advanced Search

ASIC Class Order [CO 05/637]

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
Australian Securities and Investments Commission
Corporations Act 2001 — Subsections 341(1) and 992B(1) — Order and exemption Enabling provisions 1.         The Australian Securities and Investments Commission (ASIC) makes this instrument under subsections 341(1) and 992B(1) of the Corporations Act 2001 (the Act). Title 2.         This instrument is ASIC Class Order [CO 05/637]. Commencement 3.         This instrument commences on the date it is registered under the Legislative Instruments Act 2003. 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, s 4 (definition of register).  The FRLI may be accessed at http://www.frli.gov.au/. One month extension of financial reporting deadlines
4.         For a financial year or half-year commencing from 1 January 2005 to 31 December 2005 (both inclusive): (a)        a company, registered scheme or disclosing entity is relieved from the requirements of subsection 314(1) of the Act, but only to the extent that the last time for reporting to members is one month after the time that would otherwise apply under subsection 315(1) of the Act; (b)        a company, registered scheme or disclosing entity is relieved from the requirements of subsection 319(1) of the Act, but only to the extent that the last time for lodgment is one month after the time that would otherwise apply under subsection 319(3) of the Act; (c)        a disclosing entity is relieved from the requirements of subsection 320(1) of the Act, but only to the extent that the last time for lodgment is one month after the time that would otherwise apply under that subsection; and (d)        a financial services licensee is exempted from subsections 989B(2) and (3) of the Act, but only to the extent that the last time for lodgment is one month after the time that would otherwise apply under subsection 989D(1) of the Act. 5.         Paragraph 4 does not apply to: (a)        a listed disclosing entity; or (b)        a small proprietary company that prepares a report in response to a shareholder direction under section 293 of the Act.   Dated this 7th day of July 2005     Signed by Brendan Byrne
as a delegate of the Australian Securities and Investments Commission