Corporations Amendment Regulations 2003 (No. 3) (85 of 2003)

Schedule 1   Amendments

[4]   After paragraph 7.6.01(1)(l)

insert

(la) a financial service provided by a person ( person 1 ) to another person ( person 2 ), if:

(i) the financial service is provided in the ordinary course of person 1's business; and

(ii) person 1:

(A) holds an Australian financial services licence authorising the provision of financial services other than the financial service mentioned in subparagraph (i); or

(B) does not hold an Australian financial services licence; and

(iii) the financial service consists of either or both of the following:

(A) advising person 2 in relation to a non-cash payments facility that person 2 may use, or has used, to pay person 1 for a financial product or a financial service;

(B) arranging to deal in a non-cash payments facility that person 2 will use to pay person 1 for a financial product or a financial service.