Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.7 - FINANCIAL SERVICE DISCLOSURE  

Division 3 - Statement of Advice  

REGULATION 7.7.13A   ADDITIONAL INFORMATION ABOUT CHARGES OR BENEFITS - DISCLOSURE OF DOLLAR AMOUNTS  

7.7.13A(1)   [ Exception]  

For paragraph 947D(2) (d) of the Act, if ASIC determines that, for a compelling reason, it is not possible to state information to be disclosed in accordance with paragraph 947D(2) (a) as an amount in dollars, the information may be set out as a description of the amount as a percentage of a specified matter (including worked dollar examples, unless that is inappropriate).

7.7.13A(2)   [ Method of calculation]  

For paragraph 947D(2) (d) of the Act, if ASIC determines that, for a compelling reason, it is not possible to state information to be disclosed in accordance with paragraph 947D(2) (a) as an amount in dollars, or to describe the amount as a percentage, the information may be set out as a description of the method of calculating the charge or benefit (including worked dollar examples, unless that is inappropriate).

7.7.13A(3)   [ Publication]  

A determination under subregulation (1) or (2) must be:


(a) in writing; and


(b) published in the Gazette .




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