CP 320 Remaking ASIC class order on changing scheme constitutions: [CO 09/552]
Released 2 August 2019. Comments close 23 August 2019.
This consultation paper sets out ASIC’s proposal to remake our class order which modifies the requirements under the Corporations Act 2001 regarding changing the constitutions of registered schemes. Under the Legislation Act 2003,this class order will expire (‘sunset’) on 1 October 2019 if not remade.
We are seeking feedback from responsible entities of registered schemes, law firms, industry and other interested people on our proposal to remake, without significant changes, Class Order [CO 09/552] Changing scheme constitutions.