Corporations Amendment Regulations 2004 (No. 2) (25 of 2004)

Schedule 1   Amendments

[7]   After subregulation 7.7.02 (5A)

insert

(5B) For subsection 941C (8) of the Act, a Financial Services Guide does not have to be given to a client in the following circumstances:

(a) the providing entity is an issuer of derivatives that are able to be traded on a financial market;

(b) the financial service is a dealing (within the meaning of section 766C of the Act) in a derivative by the providing entity;

(c) at the time of the dealing, the providing entity is not a participant in the financial market on which the particular derivative may be traded;

(d) the only financial service that the providing entity provides to the client is the issuing of the derivative.