Treasury Laws Amendment (ALRC Financial Services Interim Report) Regulations 2023 (F2023L01458)

Schedule 1   Main amendments

Part 6   Terms relating to financial services and markets

Corporations Regulations 2001

212   Subregulation 7.8.20(1)

Repeal the subregulation, substitute:

(1) For the purposes of subsection 991E(1) of the Act, section 991E of the Act does not apply in relation to the sale or purchase of the following financial products by the body corporate by which the financial products were made available:

(a) a security made available in accordance with Chapters 5C and 6D of the Act;

(b) a managed investment product made available in accordance with Chapters 5C, 7 and 8A of the Act;

(c) a foreign passport fund product made available in accordance with Chapters 7 and 8A of the Act.