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 noteThe regulations may: (a) exempt a person or class of persons from all or specified provisions covered by this Subdivision; or (b) exempt a clearing and settlement facility or class of clearing and settlement facilities from all or specified provisions covered by this Subdivision; or (c) declare that provisions covered by this Subdivision apply in relation to:
(i) a person or a clearing and settlement facility; or
as if specified provisions were omitted, modified or varied as specified in the regulations.
(ii) a class of persons or clearing and settlement facilities;
826U(2)
If there is an inconsistency between: (a) an exemption prescribed by regulations made for the purposes of subsection (1); and (b) an exemption by ASIC under section 820C ;
(including in relation to any conditions specified by ASIC), the regulations prevail to the extent of the inconsistency.
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