CP 271 Remaking and repealing ASIC class orders on internet offers, hawking and PDS obligations

Released 10 November 2016. Comments close 7 December 2016.

This consultation paper sets out ASIC’s proposals to remake our class orders on offers for securities on the internet and on hawking. Under the Legislation Act 2003, these class orders will expire (‘sunset’) if not remade.

We are seeking feedback on our proposals to remake, without significant changes, Class Orders [CO 02/246] Offers of securities on the internet and [CO 02/641] Hawking: Securities and managed investments, which are due to expire on 1 April 2017.

We are also seeking feedback on our proposal to repeal Class Order [CO 02/286] Obligation to provide a PDS: s1012B(4), which sunsets on 1 April 2017.

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Last updated: 30/03/2021 09:32