Corporations Amendment Regulations 2003 (No. 11) (369 of 2003)

Schedule 1   Amendments commencing on gazettal

[16]   Regulation 10.2.81

substitute

10.2.81 Ongoing disclosure

For section 1444 of the Act, if:

(a) the issuer of a financial product would have had an obligation to notify the holder of a financial product of a change or event mentioned in subsection 1017B (1A) of the Act if Part 7.9 of the Act had applied at all times to the product; and

(b) the issuer would have been exempt from the obligation because regulation 7.9.16G would have applied to the issuer in relation to the product if Part 7.9 of the Act had applied at all times to the product;

regulation 7.9.16G applies to the issuer in relation to the product during the transition period for the product.