Senate

Financial Services Reform Amendment Bill 2003

Explanatory Memorandum

(Circulated by authority of the Parliamentary Secretary to the Treasurer, the Hon Ross Cameron, MP)
This memorandum takes account of amendments made by the House of Representatives to the bill as introduced

2 - Abbreviations

The following abbreviations are used in this Explanatory Memorandum:

AFSL Australian Financial Services Licence
APRA Australian Prudential Regulation Authority
ASIC Australian Securities and Investments Commission
ASIC Act Australian Securities and Investments Commission Act 2001
ASX Australian Stock Exchange
Corporations Act Corporations Act 2001
FSG Financial Services Guide
FSR Act Financial Services Reform Act 2001
PDS Product Disclosure Statement
RSA Retirement Savings Account
SoA Statement of Advice


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