Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)

Schedule 2   ALRC Financial Services Interim Report: single glossary of defined terms

Part 1   Amendments

Division 9   Terms relating to financial services and markets

Corporations Act 2001

561   Section 1073B

Repeal the section, substitute:

1073B Meaning of transfer

In this Division and Division 4 transfer of a financial product means:

(a) a change in the ownership of the financial product; or

(b) if the financial product is a right - the renunciation and transfer of the right.