Financial Sector Reform (Hayne Royal Commission Response) Act 2020 (135 of 2020)
Schedule 4 Caps on commissions
Australian Securities and Investments Commission Act 2001
13 In the appropriate position
Insert:
Part 32 - Application and transitional provisions relating to Schedule 4 to the Financial Sector Reform (Hayne Royal Commission Response) Act 2020
330 Application - caps on commissions
The amendments made by Schedule 4 to the Financial Sector Reform (Hayne Royal Commission Response) Act 2020 apply to commissions provided in connection with supplies of add-on risk products that are supplies under contracts, arrangements or understandings entered into on or after the commencement of that Schedule.
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