|Name of Notice||Financial Markets Conduct (ANZ Group Holdings Limited) Exemption Notice 2022|
|Gazette Notification Date||2022-10-26|
|Date In Force||2022-10-26|
|Act||Financial Markets Conduct|
Summary: The Financial Markets Conduct (ANZ Group Holdings Limited) Exemption Notice 2022 exempts ANZ Group Holdings Limited (the exempt entity) from Part 3 of the Financial Markets Conduct Act 2013 in respect of shares offered to New Zealand-based eligible shareholders of ANZ Banking Group Limited (ANZBGL) in accordance with an Australian scheme of arrangement.
The scheme of arrangement relates to a proposed restructure of the ANZ group of companies so that the exempt entity will become the new parent of the group. If the scheme is approved by the Federal Court of Australia and by the shareholders of ANZBGL, eligible shareholders of ANZBGL will be offered to exchange their existing shares for shares in the exempt entity on a one-to-one basis.
The exemption is subject to a range of conditions, the effect of which is that: