Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

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Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

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History

Ch 7 amended by No 8 of 2022, s 3, Sch 2[165] (effective 1 July 2022).

Ch 7 inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].

As Act No 122 of 2001 repealed Ch 7 and 8 the history notes for Ch 7 use " inserted " and references to the former provisions have been removed.

PART 7.8 - OTHER PROVISIONS RELATING TO CONDUCT ETC. CONNECTED WITH FINANCIAL PRODUCTS AND FINANCIAL SERVICES, OTHER THAN FINANCIAL PRODUCT DISCLOSURE  

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CCH note - modifying legislative instruments: The application of Pt 7.8 is affected by the following legislative instruments that commenced or were amended on or after 1 January 2022: the ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669 (Div 8 only) (as amended by ASIC Corporations (Amendment) Instrument 2024/554).

For legislative instruments or class orders before 1 January 2022 that affect the application of Pt 7.8, please consult the legislative instruments or class orders directly. These are reproduced in the regulatory-resources section of the company-law practice area in CCH iKnowConnect.

Division 4A - Special provisions relating to margin lending facilities  

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CCH Note: Division 4A is modified by the ASIC Corporations (Incidental Retail Cover) Instrument 2022/716.

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History

Div 4A inserted by No 108 of 2009, Sch 1 [ 12].

Subdivision A - Responsible lending conduct for margin lending facilities  

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CCH Note: Subdivision A is modified by the ASIC Corporations (Incidental Retail Cover) Instrument 2022/716.

SECTION 985EA  

985EA   APPLICATION OF THIS SUBDIVISION  

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CCH Note: Section 985EA is modified by the ASIC Corporations (Incidental Retail Cover) Instrument 2022/716.

This Subdivision applies to a financial services licensee (the provider ) in relation to:

(a)    the issuing of a margin lending facility to a retail client; or

(b)    the increasing of the limit of a margin lending facility that was issued to a retail client.

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History

S 985EA inserted by No 108 of 2009, Sch 1 [ 12].

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