Corporations Amendment Regulations 2008 (No. 4) (158 of 2008)

Schedule 1   Amendments

[3]   After regulation 7.6.01

insert

7.6.01AA Persons taken to hold financial services licences covering First Home Saver Accounts

(1) For paragraph 926B (1) (c) of the Act, Part 7.6 of the Act applies as if the following subsection were inserted after subsection 911A (6):

(2) For subsection 911A (7) of the Act, a person's financial services licence is taken to cover the provision of a financial service in relation to a beneficial interest in an FHSA trust (within the meaning given in section 18 of the First Home Saver Accounts Act 2008) if the licence would cover the service if it were provided in relation to a superannuation product.