Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 (69 of 2023)

Schedule 3   Rationalisation of ending ASIC instruments

Part 3   Product Disclosure Statement requirements for general insurance quotes

Division 1   Amendments

Corporations Act 2001

27   Subsection 1012A(4)

Repeal the subsection, substitute:

This section has effect subject to other provisions

(4) This section does not apply to a regulated person for a recommendation situation if:

(a) one or more of sections 1012D, 1012DA, 1012E, 1012F, 1012G or 1014E apply to a regulated person for that recommendation situation; and

(b) for each of those sections that so applies - the regulated person complies with the requirements (if any) in that section for that recommendation situation.