Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024 (F2024L01152)

Schedule 1   Amendments

Part 2   Ongoing fee arrangements

Corporations Regulations 2001

10   In the appropriate position in Chapter 10

Insert:

Part 10.52 - Application provisions relating to the Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024

10.52.01 Application - compliance records for fee disclosure statements

Despite the repeal of paragraphs 7.7A.11AA(2)(a) and (b) made by Part 2 of Schedule 1 to the Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024, those paragraphs continue to apply in relation to fee disclosure statements required to be given under section 962G of the Act as in force immediately before the commencement of Part 2 of Schedule 1 to the Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 as if those repeals had not happened.

10.52.02 Application - contraventions relating to ongoing fee arrangements

The amendments of subregulations 7.6.02A(2) and 9.4AB.02(2) made by Part 2 of Schedule 1 to the Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024 apply in relation to conduct occurring wholly on or after the day that is 6 months after the commencement of Part 2 of Schedule 1 to the Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024.