Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 16 - Product disclosure provisions for existing products during transition period  

REGULATION 10.2.86   DISPUTE RESOLUTION REQUIREMENTS: REGULATED PRINCIPALS  

10.2.86(1)   [ Exemption]  

For section 1444 of the Act, if:

(a) a regulated principal in relation to a financial product would, but for this regulation, be required by subsection 1017G(1) of the Act to have a dispute resolution system for the financial product; and

(b) the issue or sale of the financial product as mentioned in paragraph 1017G(1) (b) of the Act is within the regulated activities of the regulated principal;

section 1017G of the Act does not apply to the regulated principal in relation to the financial product.

10.2.86(2)   [ Limitation]  

Subregulation (1) ceases to apply in relation to the regulated principal at the end of the transition period in relation to the regulated principal.