Corporations Regulations 2001
View history note
Hide history noteFor section 1444 of the Act, this regulation applies if:
(a) a person ( person 1 ) enters into an agreement with another person ( person 2 ) in the course of an activity conducted by person 2; and
(b) at that time, Part 7.6 of the Act does not apply to person 2 in relation to the activity; and
(c) the activity would constitute carrying on a financial services business if Part 7.6 of the Act applied to person 2 in relation to the activity; and
(d) the agreement is not completed when Part 7.6 of the Act first applies to person 2 in relation to the activity; and
(e) when Part 7.6 of the Act first applies to person 2 in relation to the activity, person 2:
(i) does not hold an Australian financial services licence covering the activity; and
10.2.210(2) [ Application]
(ii) is not exempt from the requirement to hold that licence.
Division 11 of Part 7.6 of the Act applies in relation to the agreement to the extent that that Division is not inconsistent with Division 2 of Part 7.3 of the old Corporations Act.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
