Corporations Amendment Regulations 2003 (No. 8) (282 of 2003)
Schedule 3 Amendments commencing on 1 July 2004
[3] After regulation 7.7.12
insert in Division 3
7.7.13 Additional information about charges or benefits
For paragraph 947D (2) (c) of the Act, the Statement of Advice must include:
(a) the amount, in dollars, of each charge or pecuniary benefit mentioned in paragraph 947D (2) (a) of the Act; or
(b) if it is not reasonably practicable for an amount to be identified when the Statement of Advice is provided - a description of the charge or pecuniary benefit as a percentage of a specified matter (including, if appropriate, worked dollar examples); or
(c) if it is not reasonably practicable for an amount or a percentage to be identified when the Statement of Advice is provided - a description of the method of calculating the charge or benefit (including, if appropriate, worked dollar examples).
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).