Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 25A - Transitional matters under relevant old legislation: Retirement Savings Accounts Regulations 1997  

REGULATION 10.2.120A   CONTINUATION OF RSA REGULATIONS DURING TRANSITION PERIOD  

10.2.120A(1)   [ Application]  

For section 1444 of the Act, this regulation applies in relation to a financial product:

(a) to which the RSA Act applied immediately before the FSR commencement; and

(b) for which a transition period exists.

10.2.120A(2)   [ Continued application of previous provisions]  

The following provisions of the RSA Regulations, as in force immediately before the FSR commencement, continue to apply in relation to the financial product:

(a) Division 2.1;

(b) regulation 2.09;

(c) Divisions 2.3, 2.4, 2.5, 2.7 and 2.8;

(d) regulation 3.07;

(e) regulation 3.09 (other than paragraphs 3.09(a) and (c));

(f) regulation 4.32;

(g) regulation 4.33;

(h) regulation 6.12.

10.2.120A(3)   [ Limitation]  

Subregulation (2) ceases to apply in relation to the financial product at the end of the transition period for the financial product.