Corporations Amendment Regulations 2007 (No. 6) (197 of 2007)

Schedule 1   Amendment

[3]   After regulation 7.7.03

insert

7.7.03A Financial Services Guide given by financial services licensee: compensation arrangements

(1) For paragraph 942B (2) (k) of the Act, the Financial Services Guide given by a financial services licensee must include a statement about:

(a) the kind of compensation arrangements that the licensee has in place; and

(b) whether those arrangements satisfy the requirements for compensation arrangements under section 912B of the Act.

(2) This regulation commences, for a particular financial services licensee, on the date that subregulations 7.6.02AAA (1), (2) and (3) take effect for that licensee.