Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
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View history noteCh 7 amended by No 8 of 2022, s 3, Sch 2[165] (effective 1 July 2022).
Ch 7 inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].
As Act No 122 of 2001 repealed Ch 7 and 8 the history notes for Ch 7 use " inserted " and references to the former provisions have been removed.
Pt 7.5B inserted by No 27 of 2018, s 3, Sch 1[1] (effective 12 April 2018).
Div 3 inserted by No 27 of 2018, s 3, Sch 1[1] (effective 12 April 2018).
Subdiv D inserted by No 27 of 2018, s 3, Sch 1[1] (effective 12 April 2018).
ASIC must not make a rule under this Division unless ASIC:
(a) has consulted the public about the proposed rule; and
(b) has also consulted any other person or body as required by regulations made for the purposes of this paragraph.
Note: In some situations, consultation is not required (see section 908CN ).
908CL(2)
Without limiting the ways in which ASIC may comply with the obligation in paragraph (1)(a) to consult the public about a proposed rule, ASIC is taken to comply with that obligation if ASIC, on its website:
(a) makes the proposed rule, or a description of the content of the proposed rule, available; and
(b) invites the public to comment on the proposed rule.
908CL(3)
A failure to consult as required by subsection (1) does not invalidate a rule.
S 908CL inserted by No 27 of 2018, s 3, Sch 1[1] (effective 12 April 2018).
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