ASIC is seeking feedback on our proposal to extend the relief currently provided to employee redundancy funds from the AFS licensing and managed investment provisions of the Corporations Act. The relief is due to expire on 1 October 2024.
The proposal involves remaking ASIC Corporations (Employee redundancy funds relief) Instrument 2015/1150 and extending the relief for a period of five years.
ASIC has assessed that the legislative instrument is operating effectively and efficiently, and continues to form a necessary and useful part of the legislative framework.
ASIC invites feedback on our proposal. Stakeholders should send their submissions to [email protected] by 5pm on 23 August 2024 .
Stakeholders can provide feedback anonymously or using an alias. However, ASIC will not be able to contact stakeholders to discuss feedback if submitted in this manner.
Stakeholder feedback will not be treated as confidential unless specifically requested that we treat the whole or part of it (such as any personal or financial information) as confidential.
Please see ASIC’s privacy policy for more information about how we handle personal information, stakeholder rights to seek access to and correct personal information, and the right to complain about breaches of privacy by ASIC.