Supplementary Explanatory Memorandum
(Circulated by the authority of the Minister for Small Business and Assistant Treasurer, the Hon Kelly O'Dwyer MP)Glossary
The following abbreviations and acronyms are used throughout this supplementary explanatory memorandum.
Abbreviation | Definition |
Bill | Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014 |
FOFA | Part 7.7A of the Corporations Act 2001, as introduced by the Corporations Amendment (Future of Financial Advice) Act 2012 and the Corporations Amendment (Further Future of Financial Advice Measures) Act 2012, also known as the Future of Financial Advice |
Licensee | Holder of an Australian Financial Services Licence |
Representative | Representative of an Australian financial services licensee |
SOA | Statement of Advice |