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Routine Rule Added Final

ASIC Corporations Instrument 2026/96 on Convertible Notes

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Published March 25th, 2026
Detected March 25th, 2026
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Summary

The Australian Securities and Investments Commission (ASIC) has issued ASIC Corporations Instrument 2026/96, which provides relief concerning sale offers for securities issued upon the conversion of convertible notes. This instrument is authorised by the Corporations Act 2001.

What changed

ASIC Corporations Instrument 2026/96 provides specific regulatory relief related to sale offers for securities that are issued when convertible notes are converted. This instrument, authorised under the Corporations Act 2001, clarifies the conditions under which such offers can be made without requiring a full disclosure document, thereby streamlining the process for companies and investors involved in convertible note conversions.

Companies that issue securities upon the conversion of convertible notes should review this instrument to ensure compliance with its provisions. The instrument likely offers exemptions or modified disclosure requirements, allowing for more efficient capital raising and secondary market transactions. Compliance officers should verify that their processes for handling convertible note conversions align with the conditions outlined in this instrument to avoid potential regulatory breaches.

Source document (simplified)

- Interactions

ASIC Corporations (Sale Offers: Securities Issued on Conversion of Convertible Notes) Instrument 2026/96

In force Administered by
- Department of the Treasury
This item is authorised by the following title:


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- Text

Classification

Agency
GP
Published
March 25th, 2026
Instrument
Rule
Legal weight
Binding
Stage
Final
Change scope
Minor
Document ID
ASIC Corporations Instrument 2026/96

Who this affects

Applies to
Public companies Investors
Industry sector
5231 Securities & Investments
Activity scope
Securities Offerings
Geographic scope
Australia AU

Taxonomy

Primary area
Securities
Operational domain
Legal
Topics
Corporate Finance

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