Corporations Amendment (Financial Services Information Lodgement Periods) Regulation 2015 (135 of 2015)

Schedule 1   Amendments

Corporations Regulations 2001

4   After Part 10.20

Insert in its appropriate numerical position:

Part 10.22 - Application provisions related to the Corporations Amendment (Financial Services Information Lodgement Periods) Regulation 2015

10.22.01 Application of amendment of paragraph 7.6.04(1)(c)

Paragraph 7.6.04(1)(c), as amended by the Corporations Amendment (Financial Services Information Lodgement Periods) Regulation 2015, applies in relation to:

(a) an Australian financial services licence granted before, on or after the commencement of that regulation; and

(b) a change mentioned in paragraph 7.6.04(1)(c) that occurs on or after 19 August 2015.

10.22.02 Application of modification of subsections 916F(1) and (3)

(1) Subsection 916F(1) of the Act, as modified by the Corporations Amendment (Financial Services Information Lodgement Periods) Regulation 2015, applies in relation to an authorisation of a representative to provide a financial service as mentioned in section 916A or 916B of the Act if the authorisation occurs on or after 19 August 2015.

(2) Subsection 916F(3) of the Act, as modified by the Corporations Amendment (Financial Services Information Lodgement Periods) Regulation 2015, applies in relation to each of the following events, if the event occurs on or after 19 August 2015:

(a) a change in any details relating to the representative that are required to be included in a notice under subsection 916F(2) of the Act;

(b) the revocation of an authorisation to which subsection 916F(1) of the Act applied.