Corporations Regulations 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.6
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LICENSING OF PROVIDERS OF FINANCIAL SERVICES
REGULATION 7.6.06D
REGISTER OF RELEVANT PROVIDERS
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PRESCRIBED INSTRUMENTS
7.6.06D(1)
For the purposes of subsection 922Q(3) of the Act, the following kinds of instrument made under subsection 921K(1) of the Act are prescribed: (a) a direction (other than a direction covered by subregulation (2) ) that a relevant provider:
7.6.06D(2)
A direction is covered by this subregulation if: (a) on a particular occasion, one or more instruments are made under subsection 921K(1) of the Act in relation to a relevant provider; and (b) the direction is that instrument or one of those instruments; and (c) that occasion is the first occasion on which an instrument is made under that subsection in relation to the relevant provider.
View history note
Hide history note[ CCH Note: Pursuant to the Corporations Amendment Regulations 2001 (No 4) (SR 2001 No 319) effective 11 March 2002, Chapter 7 (Securities) comprising reg 7.1.01 - 7.15.01 and Chapter 8 (The futures industry) comprising reg 8.1.01 - 8.7.03 are replaced by a new Chapter 7 (Financial services and markets) comprising reg 7.1.01 - 7.12.01. As the subject matter of the new Chapter 7 relates to the new financial services reform regime, " inserted " has been used in the history notes for each provision, and all references to the former provisions have been removed.]
For the purposes of subsection 922Q(3) of the Act, the following kinds of instrument made under subsection 921K(1) of the Act are prescribed: (a) a direction (other than a direction covered by subregulation (2) ) that a relevant provider:
(i) undertake specified training; or
(ii) receive specified counselling; or
(iii) receive specified supervision; or
(b) a registration suspension order; (c) a registration prohibition order.
(iv) report specified matters to ASIC;
7.6.06D(2)
A direction is covered by this subregulation if: (a) on a particular occasion, one or more instruments are made under subsection 921K(1) of the Act in relation to a relevant provider; and (b) the direction is that instrument or one of those instruments; and (c) that occasion is the first occasion on which an instrument is made under that subsection in relation to the relevant provider.
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