Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 15 - Other provisions relating to conduct etc  

REGULATION 10.2.51  

10.2.51   SALE OFFERS THAT NEED DISCLOSURE  
For section 1444 of the Act:


(a) section 707 of the old Corporations Act applies in relation to managed investment products:


(i) issued before the FSR commencement; and

(ii) sold during the transitional period in relation to the products; and


(b) section 707 of the Act applies in relation to managed investment products:


(i) issued on or after the FSR commencement; and

(ii) sold during the transitional period in relation to the products; and


(c) section 1012C of the Act does not apply in relation to a financial product that is issued before the end of the transition period in relation to the financial product, other than:


(i) a security that is not also a warrant; and

(ii) a managed investment product that is not also a warrant.

 

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