Lenders with carried over instruments – extension of deadline for audit reports

ASIC has announced that if you have notified ASIC that you are an unlicensed carried over instrument lender and you are not a member of an approved external dispute resolution (EDR) scheme, the time for lodgement of the audit report about whether you have complied with the disclosure requirements in sections 17 and 174 of the National Credit Code in relation to your carried over instruments has been extended from 31 December 2010 to 28 February 2011.

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