Document ID: chunk:federal_register_of_legislation:F2024C00938:body:0:p1
Version: federal_register_of_legislation:F2024C00938
Segment Type: other
Provision Reference: 
Character Range: 0–3671

ASIC Corporations (Employee redundancy funds relief) Instrument 2015/1150

made under paragraphs 601QA(1)(a), 926A(2)(a), 992B(1)(a) and 1020F(1)(a) of the Corporations Act 2001.

                    Compilation No. 4
                    Compilation date: 26 September 2024
                    Includes amendments: F2024L01209

About this compilation

This compilation
This is a compilation of the ASIC Corporations (Employee redundancy funds relief) Instrument 2015/1150 that shows the text of the law as amended and in force on 26/09/2024 (the compilation date).
The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments
The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments
If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Modifications
If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions
If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Part 1—Preliminary..................................................4
1 Name of legislative instrument...........................................4
3 Authority............................................................4
4 Definitions..........................................................4
Part 2—Exemptions..................................................5
5 Financial services and managed investment scheme relief for employee redundancy schemes              5
Endnotes...........................................................6
Endnote 1—About the endnotes..............................................6
Endnote 2—Abbreviation key...............................................7
Endnote 3—Legislation history..............................................8
Endnote 4—Amendment history.............................................9

Part 1—Preliminary

1 Name of legislative instrument
This instrument is the ASIC Corporations (Employee redundancy funds relief) Instrument 2015/1150.

3 Authority
This instrument is made under paragraphs 601QA(1)(a), 926A(2)(a), 992B(1)(a) and 1020F(1)(a) of the Corporations Act 2001 (the Act).

4 Definitions
In this instrument:
employee redundancy scheme is a scheme to which employers may make, or are required by an award or agreement to make, contributions where the primary objective of the scheme is to fund redundancy entitlements and other entitlements, incidental to employment, for employees of the employers.

Part 2—Exemptions

5 Financial services and managed investment scheme relief for employee redundancy schemes

Licensing
(1) A person does not have to comply with subsection 911A(1) of the Act where they provide financial services in relation to interests in an employee redundancy