I, Molly Choucair, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.Date 11 September 2026Molly ChoucairContentsPart 1—Preliminary 31 Name of legislative instrument....................................32 Commencement...............................................33 Authority....................................................34 Schedules....................................................35 Simplified outline of this instrument...............................36 Definitions...................................................3Part 2—Exemption 47 Disclosure of directors’ interests..................................4Part 3—Repeal 58 Repeal.......................................................5Schedule 1—Repeals 6ASIC Corporations (Disclosure of Directors' Interests) Instrument 2016/881.6
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.
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
Subsection 205G(1) of the Act requires a director of a listed public company to notify the relevant market operator in relation to a notifiable interest of the director.This instrument exempts a director from this notification requirement if the director reasonably believes the company has complied with the listing rules requiring disclosure by the company about the notifiable interest.
In this instrument:Act means the Corporations Act 2001.notifiableinterest of a director means an interest of the director referred to in paragraph 205G(1)(a) or (b) of the Act.
A director of a public company that is listed on a declared financial market is not required to comply with subsection 205G(1) of the Act in relation to a notifiable interest of the director if the director reasonably believes that the company has complied with the listing rules of the market that require the company to notify the relevant market operator in relation to the notifiable interest.