Treasury Laws Amendment (2018 Measures No. 2) Act 2020 (8 of 2020)

Schedule 1   FinTech Sandbox Regulatory Licensing Exemptions

Part 1   Amendment of the Corporations Act 2001

Corporations Act 2001

1   Paragraph 911B(1)(e)

Repeal the paragraph, substitute:

(e) if the principal (rather than the provider) provided the service, the principal would not need an Australian financial services licence because the provision of the service would be exempt under:

(i) subsection 911A(2); or

(ii) regulations made for the purposes of subsection 926B(1).