Regulatory Alerts2011-09-22 | RG-060RG 60 Schemes of arrangement
The Australian Securities and Investments Commission issued this guide to assist companies and advisers involved in schemes of arrangement under Part 5.1 of the Corporations Act. It details ASIC's regulatory role, the criteria used when reviewing scheme documents, and the process for determining whether to issue a 'no objection' statement under section 411(17)(b). The document also notes that fundraising and corporate finance documents must be lodged through the ASIC Regulatory Portal starting from 27 July 2020.
Issued September 2020
This is a guide for companies and their advisers involved in, or affected by, schemes of arrangement between a company and its members under Pt 5.1 of the Corporations Act.
This guide explains:
ASIC’s role under the scheme provisions in Pt 5.1,
the matters we consider when reviewing scheme documents, and
how we determine whether to provide a ‘no objection’ statement under s411(17)(b).
Download the guide (PDF 711 KB)
Note: From 27 July 2020, fundraising and corporate finance documents should be lodged through the ASIC Regulatory Portal . For more information, see how you lodge fundraising and corporate finance documents .