Document ID: chunk:federal_register_of_legislation:F2016L00452:body:0:p1
Version: federal_register_of_legislation:F2016L00452
Segment Type: other
Provision Reference: 
Character Range: 0–2999

ASIC Corporations (Electronic Lodgment of Financial Reports) Instrument 2016/181
I, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.
Dated 24 March 2016

Stephen Yen

Contents

Part 1—Preliminary
1 Name of legislative instrument
2 Commencement
3 Authority
4 Definitions
Part 2—Approval
5 Electronic lodgment of reports with operators of eligible financial markets
Part 3—Order
6 Approved forms to accompany financial documents
Part 4—Savings and transitional
7 Application of this instrument and ASIC Class Order [CO 98/104]
8 Application of this instrument and ASIC Class Order [CO 00/2451]

Part 1—Preliminary

1 Name of legislative instrument
This is the ASIC Corporations (Electronic Lodgment of Financial Reports) Instrument 2016/181.

2 Commencement
This instrument commences on the day after it is registered on the Federal Register of Legislation.
Note: The register may be accessed at www.legislation.gov.au.

3 Authority
This instrument is made under sections 341 and 352 of the Corporations Act 2001.

4 Definitions
In this instrument:
Act means the Corporations Act 2001.
eligible financial market means a financial market operated by:
           (a) ASX Limited;
           (b) National Stock Exchange of Australia Limited;
           (c) SIM Venture Securities Exchange Limited; or
           (d) Sydney Stock Exchange Limited.
eligible report means a report that a listed disclosing entity has to prepare or obtain under Division 1 or 2 of Part 2M.3 of the Act and includes a concise report provided to members under section 314 of the Act and an amended report within the meaning of section 322 of the Act.

Part 2—Approval

5 Electronic lodgment of reports with operators of eligible financial markets
(1) ASIC approves the electronic lodgment of an eligible report by a listed disclosing entity that is included in the official list of an eligible financial market.
(2) This approval applies where all the following are satisfied:
           (a) the operator of the financial market is appointed as agent for ASIC to receive eligible reports electronically from listed disclosing entities;
           (b)  the eligible report is lodged with the operator electronically;
           (c)  the listed disclosing entity has adequate arrangements in place to ensure a signed copy of the eligible report is kept for a period of not less than 7 years from the time of electronic lodgment.
(3) This approval does not apply in relation to a financial year of a listed disclosing entity which is not a company or registered scheme.

Part 3—Order

6 Approved forms to accompany financial documents
    For the avoidance of doubt, a listed disclosing entity that lodges an eligible report in accordance with the approval in section 5 does not have to comply with regulations 1.0.08 and 1.0.09 of the Corporations Regulations 2001 in relation to the eligible report.

Part 4—Savings and transitional

7