Corporations Regulations 2001
View history note
Hide history note[ CCH Note: Pursuant to the Corporations Amendment Regulations 2001 (No 4) (SR 2001 No 319) effective 11 March 2002, Chapter 7 (Securities) comprising reg 7.1.01 - 7.15.01 and Chapter 8 (The futures industry) comprising reg 8.1.01 - 8.7.03 are replaced by a new Chapter 7 (Financial services and markets) comprising reg 7.1.01 - 7.12.01. As the subject matter of the new Chapter 7 relates to the new financial services reform regime, " inserted " has been used in the history notes for each provision, and all references to the former provisions have been removed.]
For paragraph 946B(5)(c) of the Act, the following are prescribed:
(a) a deposit product that is a facility in relation to which:
(i) there is no minimum period before which funds cannot be withdrawn or transferred from the facility without a reduction in the return generated for the depositor; or
(ii) if there is such a period, it expires on or before the end of the period of 2 years starting on the day on which funds were first deposited in the facility;
(b) travellers ' cheques;
(c) a cash management trust interest;
(d) a motor vehicle insurance product (see regulation 7.1.11 );
(e) a home building insurance product (see regulation 7.1.12 );
(f) a home contents insurance product (see regulation 7.1.13 );
(g) a travel insurance product (see regulation 7.1.16 );
(h) a personal and domestic property insurance product (see regulation 7.1.17 );
(i) a general insurance product prescribed by regulations made for the purposes of subparagraph 761G(5)(b)(viii) (see regulation 7.1.17A ).
(j) (Repealed)
[ CCH Note: Reg 2 of SLI 2005 No 324 specifies that Sch 5 [ 4] of that instrument commences immediately after the commencement of Sch 4 [ 7].]
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