Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.2 - TRANSITIONAL PROVISIONS RELATING TO THE FINANCIAL SERVICES REFORM ACT 2001  

Division 1 - Transitional provisions relating to the phasing-in of the new financial services regime  

Subdivision E - Product disclosure requirements  

SECTION 1441  

1441   CERTAIN PERSONS WHO ARE NOT YET COVERED BY PARTS 7.6, 7.7 AND 7.8 OF THE AMENDED CORPORATIONS ACT ARE REQUIRED TO COMPLY WITH PART 7.9 OBLIGATIONS AS IF THEY WERE REGULATED PERSONS  

From the time from which the new product disclosure provisions start to apply in relation to a particular financial product, the following persons must comply with those provisions in relation to that product, as if they were regulated persons as defined in section 1011B of the amended Corporations Act, even though they are not yet subject, or fully subject, to Parts 7.6, 7.7 and 7.8 of that Act:

(a) a regulated principal;

(b) a representative (as defined in section 1436) of a regulated principal; or

(c) an insurance agent (as defined in section 1436A).