ASIC has assessed that these class orders are generally operating effectively and efficiently and continue to form a necessary and useful part of the legislative framework.
ASIC proposes to remake the class orders for a period of five years. ASIC will continue to monitor the appropriateness of these class orders having regard to our regulatory experience, feedback from relevant stakeholders, and outcomes from the Government’s Review of the Regulatory Framework for Managed Investment Schemes.
Under the Legislation Act 2003, all class orders are repealed automatically, or ‘sunset’, after 10 years, unless ASIC takes action to preserve them.
Providing feedback
ASIC invites feedback on our proposal. Submissions should be sent by 5pm on 16 February 2024 to [email protected].
Additional information
Feedback can be provided anonymously or using an alias, however, we will not be able to contact you to discuss your feedback if it is submitted in this manner.
Your feedback will not be treated as confidential unless you specifically request that we treat the whole or part of it (such as any personal or financial information) as confidential.
Please refer to mation and your right to complain about breaches of privacy by ASIC.
