Chartered Accountants Australia and New Zealand, CPA Australia, Financial Planning Association, the Institute of Public Accountants and the SMSF Association welcome the opportunity to respond to the Rationalisation of ending ASIC Instrument Measures consultation presently underway at Treasury.

We have examined the proposed changes in great detail and have identified no unintended consequences to the proposed amendments. We commend Treasury for the thorough and detailed analysis of the laws and regulations as part of its ongoing work to improve and simplify the Corporations Act and associated legislature.