Treasury Laws Amendment (Ending Grandfathered Conflicted Remuneration) Act 2019 (87 of 2019)

Schedule 1   Conflicted remuneration

Part 1   End of grandfathering arrangements from 1 January 2021

Corporations Act 2001

2   Subsection 1528(3)

Repeal the subsection, substitute:

(3) Section 1350 does not apply in relation to the operation of that Division in respect of a benefit given to a financial services licensee, or a representative of a financial services licensee.