Overview
The Australian Securities and Investments Commission (ASIC) has made a new legislative instrument called the ASIC Corporations (School Enrolment Deposits) Instrument 2026/709. It is registered on the Federal Register of Legislation as F2026L01286 and was made under the Corporations Act 2001.
Commencement
The instrument came into force on 24 September 2026.
What the instrument covers
The instrument relates to school enrolment deposits. The source summary does not detail the specific obligations, exemptions, or rules the instrument creates. The full text of the instrument and an accompanying explanatory statement are available on the Federal Register of Legislation.
Key actions
- Read the full instrument and explanatory statement at https://www.legislation.gov.au/F2026L01286 to understand what rules apply to school enrolment deposits.
- If you operate a private school or collect enrolment deposits from families, check with your legal adviser whether this instrument affects how those deposits are required to be handled.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.