Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 25B - Transitional matters under relevant old legislation: Superannuation Industry (Supervision) Regulations 1994  

REGULATION 10.2.120B   CONTINUATION OF SIS REGULATIONS DURING TRANSITION PERIOD  

10.2.120B(1)   [ Application]  

For section 1444 of the Act, this regulation applies in relation to a financial product:

(a) to which the SIS Act applied immediately before the FSR commencement; and

(b) for which a transition period exists.

10.2.120B(2)   [ Continued application of previous provisions]  

The following provisions of the SIS Regulations, as in force immediately before the FSR commencement, continue to apply in relation to the financial product:

(a) Divisions 2.1 and 2.3;

(b) Subdivisions 2.4.1 and 2.4.2;

(c) Divisions 2.5, 2.7 and 2.7A;

(d) Subdivisions 2.8.1, 2.8.3, 2.8.4 and 2.8.5;

(da) regulation 3.10;

(e) regulation 4.01;

(f) regulation 5.12;

(g) regulation 5.15 (other than paragraphs 5.15(a) and (c));

(h) regulations 5.17 and 5.22;

(i) regulation 6.17;

(j) regulation 6.28;

(k) regulation 6.29;

(l) subregulation 13.07(2).

10.2.120B(3)   [ Limitation]  

Subregulation (2) ceases to apply in relation to the financial product at the end of the transition period for the financial product.