ASIC has released a report Overview of decisions on relief applications (August to November 2008)outlining recent decisions on applications for relief from the corporate finance, financial services and managed investment provisions of the Corporations Act between 1 August and 30 November 2008.

The Report also highlights instances where ASIC decided to adopt a no-action position regarding specified non-compliance with the provisions, and features an appendix detailing the relief instruments it executed.