Reg 2A.04 repealed by SR No 147 of 2004, reg 3 and Sch 2 item 2, effective 1 September 2004. Reg 2A.04 formerly read:
APPLICATION OF DIVISION 3
2A.04
This Division applies to a financial product that is a child account issued during the transition period for the product under section
1438
of the
Corporations Act 2001
.
Note: Section
1438
of the
Corporations Act 2001
applies to all financial products issued by a person, other than financial products in a class of products that are first issued by the person after the FSR commencement. Subsection
1438(3)
of the
Corporations Act 2001
provides that the new product disclosure provisions do not apply in relation to a financial product to which that section applies during the period mentioned in that subsection (the
transition period
). The
new product disclosure provisions
are set out in subsection
1438(2)
.
Reg 2A.04 inserted by SR No 149 of 2002, reg 3 and Sch 1 item 2, effective 1 July 2002.