Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.9 - FINANCIAL PRODUCT DISCLOSURE AND OTHER PROVISIONS RELATING TO ISSUE AND SALE OF FINANCIAL PRODUCTS  

Division 4A - General  

REGULATION 7.9.15FA   TRANSITIONAL ARRANGEMENTS FOR REGULATIONS 7.9.15D, 7.9.15E AND 7.9.15F  

7.9.15FA(1)   [ Application]  

If, at any time during the transition period, a Product Disclosure Statement for a general insurance product complies with the requirements of old sections 1013C and 1013D, the Product Disclosure Statement is taken to comply with the requirements of:


(a) sections 1013C and 1013D of the Act; and


(b) the provisions of any regulations made for the purposes of, or modifying, sections 1013C and 1013D of the Act;

as in force at that time.

7.9.15FA(2)   [ Definitions]  

In this regulation:

commencing day
means the day on which this regulation commences.

old sections 1013C and 1013D
means:


(a) sections 1013C and 1013D of the Act; and


(b) the provisions of any regulations made for the purposes of, or modifying, those sections;

as in force immediately before the commencing day.

transition period
means the period starting on the commencing day and ending at the end of 30 June 2008.

Note: Before the commencement of this regulation, transitional arrangements in similar terms were provided for regulations 7.9.15D , 7.9.15E and 7.9.15F by item 2 of Schedule 5 to the Corporations Amendment Regulations 2005 (No. 5) (SLI 2005 No. 324).


 

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