Corporations Amendment Regulations 2010 (No. 4) (89 of 2010)

Schedule 1   Amendments

[2]   After subregulation 7.1.08 (3)

insert

(4) For paragraph (b) of the definition of exempt document or statement in subsection 766B (9) of the Act:

(a) an assessment under subsection 985E (1) of the Act that a margin lending facility will not be unsuitable for the person to whom the margin lending facility is to be issued is prescribed (and so excluded from the definition); and

(b) an assessment under subsection 985E (1) of the Act that a margin lending facility whose limit is proposed to be increased will not be unsuitable for the person for whom the limit of the margin lending facility is to be increased is prescribed (and so excluded from the definition).

Note The effect of paragraph (b) of the definition of exempt document or statement in subsection 766B (9), is that a prescribed document or statement is an exempt document or statement.