Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 38 - Security bonds issued before FSR commencement  

REGULATION 10.2.199   SECURITY BONDS  

10.2.199(1)   [ Application]  

For section 1444 of the Act, this regulation applies in relation to a financial services licensee who became a regulated principal mentioned in item 1 or 2 of the table in section 1430 of the Act at the FSR commencement.

10.2.199(2)   [ Regulated activities]  

Regulations 7.3.04, 7.3.06 and 7.3.07 of the old Corporations Regulations, and any associated provisions, continue to apply in relation to the regulated principal's regulated activities.

10.2.199(3)   [ Transition period]  

The regulations mentioned in subregulation (2) continue to apply after the end of the transition period for the regulated principal.