Corporations Amendment Regulation 2012 (No. 6) (172 of 2012)

Schedule 1   Amendments

[7]   Regulation 7.7.21, except the heading

substitute

For paragraph 951C (1) (a) of the Act, Part 7.7 of the Act does not apply to:

(a)a financial services licensee or an authorised representative of a financial services licensee to the extent that the licensee or authorised representative is providing a financial service to a retail client who is not in this jurisdiction; and

(b)a person to the extent that the person is providing a financial service in relation to a scheme mentioned in paragraph 5C.11.01 (1) (b) or (c).

Note Regulation 7.9.98 also contains exemptions from the operation of Part 7.7 of the Act.