Regulatory Alerts2012-02-16 | RG-233RG 233 Indirect self-acquisition: Relief for investment funds
The Australian Securities and Investments Commission issued Regulatory Guide 233 to explain conditional relief from indirect self-acquisition provisions under section 259C of the Corporations Act 2001. This relief applies specifically to investment funds and controlled entities of listed companies engaged in index arbitrage and client-driven activities involving baskets of securities. The guide also notes that applications for such relief must be submitted through the ASIC Regulatory Portal as of 27 July 2020.
Issued 16 February 2012
About this guide
This guide is for investment funds and similar entities and controlled entities of listed companies engaged in index arbitrage and client-driven activities involving baskets of securities.
It explains the conditional relief we may grant under s259C(2) of the Corporations Act 2001 (Corporations Act) from the indirect self-acquisition provisions in s259C for these entities.
Note: From 27 July 2020, applications for relief should be submitted through the ASIC Regulatory Portal . For more information, see how you apply for relief .
Download RG 233 (PDF 267 KB)