Draft a regulator relief or no-action request from the transaction facts
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Draft a first-pass relief or no-action request from the transaction facts, listing the tests to address and every instrument cited for you to check.
- What the lawyer must review
- Verify every cited instrument on the regulator's current register
- Check instrument numbers; AI often invents them
- Do not lodge a generated application
- Written for / version
- Cth
Open a jurisdiction version of this task to see which instruments apply.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording and identifying points for review. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Open each relied-on authority independently. Confirm its existence, current status, proposition and any quotation or pinpoint reference.
- Obtain and inspect the relevant current official register or search result. Confirm identities, interests and the date and scope of the search.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.