Corporations Regulations 2001

SCHEDULE 10A - MODIFICATIONS OF PART 7.9 OF THE ACT  

(regulations 7.9.02 , 7.9.04 , 7.9.05 , 7.9.06 , 7.9.09C , 7.9.11C , 7.9.11N , 7.9.11V , 7.9.12 , 7.9.24 , 7.9.27 , 7.9.30 , 7.9.43 , 7.9.47 , 7.9.51 , 7.9.56 , 7.9.60 , 7.9.61 , 7.9.63 , 7.9.73 and 8.4.02 )

PART 15 - MODIFICATIONS FOR CONFIRMATION OF TRANSACTIONS  

SECTION 15.1  

15.1    
After subsection 1017F(5A)

insert

(5B)
Despite subsection (5), if:

(a) the cost of a transaction (including taxes and charges) is not known at the time at which confirmation of the transaction would be required to be given; and

(b) all of the other information required under subsection (7) in relation to confirmation of the transaction is known at that time;

the confirmation of the transaction is to be provided in accordance with subsection (5C).

(5C)
Confirmation is to be provided as follows:

(a) all of the information required, except for the cost of the transaction, is to be provided as soon as practicable in accordance with subsection (5);

(b) the cost of the transaction may be provided in whichever of the following can be done first:

(i) a secondary confirmation notice provided as soon as practicable after the cost is known;

(ii) a standing facility mentioned in paragraph 1017F(5)(b);

(iii) the first periodic report under section 1017D after the cost is known.