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 951C(1) (c) of the Act, Part 7.7 of the Act applies as if paragraph 947B(2) (h) of the Act were modified to read as follows:
7.7.10A(2) [ Time to provide information]
" (h) unless in accordance with the regulations and a determination by ASIC, information to be disclosed in accordance with paragraph (d) and subparagraph (e)(i) must be stated as amounts in dollars. " .
For paragraph 951C(1) (a) of the Act, a providing entity does not have to provide the information mentioned in paragraph 947B(2) (h) of the Act, in the form required by that paragraph, in a Statement of Advice prepared before 1 January 2005.
7.7.10A(3) [ Modification]For paragraph 951C(1) (c) of the Act, Part 7.7 of the Act applies as if paragraph 947C(2) (i) of the Act were modified to read as follows:
7.7.10A(4) [ Time to provide information]
" (i) unless in accordance with the regulations and a determination by ASIC, information to be disclosed in accordance with paragraph (e) and subparagraph (f)(i) must be stated as amounts in dollars. " .
For paragraph 951C(1)(a) of the Act, a providing entity does not have to provide the information mentioned in paragraph 947C(2) (i) of the Act, in the form required by that paragraph, in a Statement of Advice prepared before 1 January 2005.
7.7.10A(5) [ Modification]For paragraph 951C(1) (c) of the Act, Part 7.7 of the Act applies as if paragraph 947D(2) (d) of the Act were modified to read as follows:
7.7.10A(6) [ Time to provide information]
" (d) unless in accordance with the regulations and a determination by ASIC, information to be disclosed in accordance with paragraph (a) must be stated as amounts in dollars. "
For paragraph 951C(1) (a) of the Act, a providing entity does not have to provide the information mentioned in paragraph 947D(2) (d) of the Act, in the form required by that paragraph, in a Statement of Advice prepared before 1 January 2005.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.