Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.7 - FINANCIAL SERVICE DISCLOSURE  

Division 3 - Statement of Advice  

REGULATION 7.7.10A   STATEMENTS OF ADVICE - REQUIREMENT TO STATE INFORMATION AS AMOUNTS IN DOLLARS  

7.7.10A(1)   [ Modification]  

For paragraph 951C(1) (c) of the Act, Part 7.7 of the Act applies as if paragraph 947B(2) (h) of the Act were modified to read as follows:


" (h) unless in accordance with the regulations and a determination by ASIC, information to be disclosed in accordance with paragraph (d) and subparagraph (e)(i) must be stated as amounts in dollars. " .

7.7.10A(2)   [ Time to provide information]  

For paragraph 951C(1) (a) of the Act, a providing entity does not have to provide the information mentioned in paragraph 947B(2) (h) of the Act, in the form required by that paragraph, in a Statement of Advice prepared before 1 January 2005.

7.7.10A(3)   [ Modification]  

For paragraph 951C(1) (c) of the Act, Part 7.7 of the Act applies as if paragraph 947C(2) (i) of the Act were modified to read as follows:


" (i) unless in accordance with the regulations and a determination by ASIC, information to be disclosed in accordance with paragraph (e) and subparagraph (f)(i) must be stated as amounts in dollars. " .

7.7.10A(4)   [ Time to provide information]  

For paragraph 951C(1)(a) of the Act, a providing entity does not have to provide the information mentioned in paragraph 947C(2) (i) of the Act, in the form required by that paragraph, in a Statement of Advice prepared before 1 January 2005.

7.7.10A(5)   [ Modification]  

For paragraph 951C(1) (c) of the Act, Part 7.7 of the Act applies as if paragraph 947D(2) (d) of the Act were modified to read as follows:


" (d) unless in accordance with the regulations and a determination by ASIC, information to be disclosed in accordance with paragraph (a) must be stated as amounts in dollars. "

7.7.10A(6)   [ Time to provide information]  

For paragraph 951C(1) (a) of the Act, a providing entity does not have to provide the information mentioned in paragraph 947D(2) (d) of the Act, in the form required by that paragraph, in a Statement of Advice prepared before 1 January 2005.


 

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