Corporations Amendment Regulation 2013 (No. 4) (115 of 2013)

Schedule 1   Amendments

Corporations Regulations 2001

5   At the end of Division 4 of Part 7.7A

Add:

Subdivision 3 - Asset-based fees on borrowed amounts

7.7A.17 Financial services licensees

For subsection 964D(4) of the Act, a circumstance in which subsections 964D(1) and (2) of the Act do not apply is that the asset-based fee being charged is a brokerage fee within the meaning of regulation 7.7A.12D.

7.7A.18 Authorised representatives

For subsection 964E(3) of the Act, a circumstance in which subsection 964E(1) of the Act does not apply is that the asset-based fee being charged is a brokerage fee within the meaning of regulation 7.7A.12D.