Treasury Laws Amendment (ALRC Financial Services Interim Report) Regulations 2023 (F2023L01458)

Schedule 1   Main amendments

Part 6   Terms relating to financial services and markets

Corporations Regulations 2001

268   Regulation 7.10.01

Repeal the regulation, substitute:

7.10.01 Meaning of Division 3 financial products - excluded superannuation products

For the purposes of paragraph (e) of the definition of Division 3 financial products in subsection 1042A(1) of the Act, superannuation products provided by a superannuation entity that is not a public offer entity are prescribed.

Note: This means that these superannuation products are not Division 3 financial products.