Corporations Regulations 2001
View history note
Hide history noteThe amendments made by items 2 and 3 of Part 1 of Schedule 1 to the Corporations Amendment (Litigation Funding) Regulations 2021 apply in relation to: (a) an Australian financial services licence granted before, on or after the commencement of that Part; and (b) a litigation funding scheme mentioned in subregulation 7.1.04N(3) entered on or after that commencement; and (c) a litigation funding scheme mentioned in subregulation 7.1.04N(3) entered before that commencement, but only in relation to so much of the duration of the scheme that occurs on or after that commencement.
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CCH Note:
Reg 10.47.02 will be inserted by FRLI No F2021L01608, Sch 1[11], (effective immediately after the commencement of the provisions covered by table item 3. However, the provisions do not commence at all if the provisions covered by table item 3 do not commence).
REGULATION 10.47.02 APPLICATION OF AMENDMENTS RELATING TO LICENCE CONDITIONS IN RELATION TO A CLASS ACTION LITIGATION FUNDING SCHEME
10.47.02
The amendments made by Part 3 of Schedule 1 to the
Corporations Amendment (Litigation Funding) Regulations 2021
apply in relation to:
(a)
an Australian financial services licence granted before, on or after the commencement of that Part; and
(b)
a class action litigation funding scheme entered on or after that commencement; and
(c)
a class action litigation funding scheme entered before that commencement, but only in relation to so much of the duration of the scheme that occurs on or after that commencement.]
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