Announcement date
10 October 2023
Link to announcement
ASIC remakes financial reporting legislative instrument | ASIC
Problem being addressed
Set to sunset
Proposal
ASIC has certified that ASIC Class Order [CO 13/1050], which is scheduled to sunset on 1 October 2023, is operating efficiently and effectively. This certification was informed by a consultation process with affected parties. the instrument is being remade without changes.
Assessed Impact Analysis outcome
Certification Letter
Assessment comments
Consistent with the Government's Policy Impact Analysis requirements for sunsetting instruments, the Commission has, after consultation with stakeholders, assessed the instrument is operating effectively and efficiently.
Regulatory burden
No change to the regulatory burden