Corporations Amendment Regulations 2003 (No. 8) (282 of 2003)

Schedule 1   Amendments commencing on gazettal

[1]   After regulation 7.1.07D

insert

7.1.07E Specific things that are not financial products: rights of the holder of a debenture

(1) This regulation applies to a facility that consists of the rights of the holder of a debenture against a trustee under a trust deed entered into under:

(a) section 283AA of the Act; or

(b) Chapter 2L or Division 4 of Part 7.12 of the old Corporations Law.

(2) For paragraph 765A (1) (y) of the Act, the facility is not a financial product.

7.1.07F Specific things that are not financial products: money orders

For paragraph 765A (1) (y) of the Act, a money order issued as a money order by, or for, Australia Post is not a financial product.