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

Schedule 3   Amendments commencing on 1 July 2004

[8]   After subregulation 7.9.20 (1)

insert

(1A) In providing details of the amount of other significant benefits at the end of the reporting period for subparagraph (1) (ka) (i), if a deduction has been made for fees, charges or expenses, the issuer must provide details of the deduction, including:

(a) the amount in dollars; or

(b) if it is not reasonably practicable for an amount to be identified - a description of the fees charges or expenses as a percentage of a specified matter (including, if appropriate, worked dollar examples); or

(c) if it is not reasonably practicable to provide an amount or a percentage - a statement informing the holder of the product:

(i) that an amount for fees, charges or expenses is applicable; and

(ii) if information about the deduction is not provided in the statement mentioned in sub-subparagraph (1) (ka) (ii) (B) - of details of the means by which a product holder is able to gain access to information relating to the amount.