Corporations Regulations 2001
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 paragraph 951C(1)(c) of the Act, Part 7.7 of the Act applies as if the provisions set out in column 2 of the following table were modified as set out in columns 3 and 4:
| Column 1 | Column 2 | Column 3 | Column 4 |
| Item | provision of Act | is modified by... | and... |
| 1 | paragraph (b) of the definition of defective in subsection 952B(1) | omitting " Statement of Advice " | substituting " Statement of Advice, a record of advice required by subsection 946B(3A), " |
| 2 | paragraph 952E(2)(a) | omitting " Statement of Advice " | substituting " Statement of Advice, a record of advice required by subsection 946B(3A), " |
| 3 | paragraph 952F(1)(b) | omitting " Statement of Advice " | substituting " Statement of Advice, a record of advice required by subsection 946B(3A), " |
| 4 | subparagraph 952F(1)(c)(i) | omitting " Statement of Advice " | substituting " Statement of Advice, a record of advice required by subsection 946B(3A), " |
| 5 | paragraph 952G(1)(b) | omitting " Statement of Advice " | substituting " Statement of Advice, a record of advice required by subsection 946B(3A), " |
| 6 | subparagraph 952G(1)(c)(i) | omitting " Statement of Advice " | substituting " Statement of Advice, a record of advice required by subsection 946B(3A), " |
| 7 | paragraph (b) of the definition of defective in subsection 953A(1) | omitting " Statement of Advice " | substituting " Statement of Advice, a record of advice required by subsection 946B(3A), " |
[ CCH Note: Sch 2 [ 6] of SLI 2005 No 324 commenced immediately after Sch 1 [ 3] of that instrument. Sch 1 [ 3] inserted reg 7.7.10AF.]
7.7.10AG(2)
For paragraph 951C(1)(c) of the Act, Part 7.7 of the Act applies as if the provisions set out in column 2 of the following table were modified as set out in column 3:
| Column 1 | Column 2 | Column 3 |
| Item | provision of Act | is modified by... |
| 1 | the definition of defective in subsection 952B(1) | inserting after subparagraph 952B(1)(b)(ii): |
| (iiA) | if it is a record of advice required by subsection 946B(3A) - there is an omission from the record of advice of material required by subsection 946B(3A) or section 947D; or | |
| 2 | the definition of disclosure document or statement in subsection 952B(1) | inserting after paragraph (c) of the definition the following paragraph: |
| (ca) | a record of advice required by subsection 946B(3A); or | |
| 3 | the definition of defective in subsection 953A(1) | inserting after subparagraph 952B(1)(b)(ii) the following paragraph: |
| (iiA) | if it is a record of advice required by subsection 946B(3A) - there is an omission from the record of advice of material required by subsection 946B(3A) or section 947D; or | |
| 4 | the definition of disclosure document or statement in subsection 953A(1) | inserting after paragraph (c) of the definition the following paragraph: |
| (ca) | a record of advice required by subsection 946B(3A); or |
[ CCH Note: Sch 2 [ 6] of SLI 2005 No 324 commenced immediately after Sch 1 [ 3] of that instrument. Sch 1 [ 3] inserted reg 7.7.10AF.]
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