Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history note(a) something (the incidental product ) that, but for this section, would be a financial product because of this Subdivision is:
(i) an incidental component of a facility that also has other components; or
(ii) a facility that is incidental to one or more other facilities; and
(b) it is reasonable to assume that the main purpose of:
(i) if subparagraph (a)(i) applies - the facility referred to in that subparagraph, when considered as a whole; or
is not a financial product purpose;
(ii) if subparagraph (a)(ii) applies - the incidental product, and the other facilities referred to in that subparagraph, when considered as a whole;
the incidental product is not a financial product because of this Subdivision (however, it may still be a financial product because of Subdivision C ).
763E(2) [ ``financial product purpose'']In this section:
financial product purpose
means a purpose of:
(a) making a financial investment; or
(b) managing financial risk; or
(c) making non-cash payments.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
