Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.1 - PRELIMINARY  

Division 2 - Retail clients and wholesale clients  

REGULATION 7.1.17B   RETAIL CLIENTS AND WHOLESALE CLIENTS: AGGREGATION OF AMOUNTS FOR PRICE OR VALUE OF FINANCIAL PRODUCT  

7.1.17B(1)   [ Application]  

For paragraph 761G(10) (a) of the Act, this regulation applies in relation to a class of financial products that:


(a) are provided by the same product issuer to:


(i) a particular person; or

(ii) an associate of the person; or

(iii) a body corporate controlled and wholly owned by the person; and


(b) are provided at or about the same time.

7.1.17B(2)   [ Price]  

The price for the provision of the financial products may be calculated by:


(a) calculating the total price for the provision of all of the financial products in the class; and


(b) treating the total price as the price for the provision to the particular person of a single financial product.

7.1.17B(3)   [ Value]  

The value of the financial products may be calculated by:


(a) calculating the total value of all of the financial products in the class; and


(b) treating the total value as the value of a single financial product provided to the particular person.




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