CORPORATIONS ACT 2001
Ch 7 inserted by No 122 of 2001, s 3, Sch 1, Pt 1 (effective 11 March 2002).
As Act No 122 of 2001 repealed Ch 7 and 8 the history notes for Ch 7 use "inserted" and references to the former provisions have been removed.
|PART 7.9 - FINANCIAL PRODUCT DISCLOSURE AND OTHER PROVISIONS RELATING TO ISSUE, SALE AND PURCHASE OF FINANCIAL PRODUCTS
|| View history reference
Pt 7.9 heading amended by No 141 of 2003, s 3, Sch 1 (effective 14 January 2004).
In this Division:
issue Statement has the meaning given by subsection 1013A(1).
offer has a meaning affected by sections 1010C and 1011C.
regulated person , in relation to a financial product, means:
(a) an issuer of the financial product; or
(b) a seller of the financial product if the sale takes place in circumstances described in subsection 1012C(5), (6) or (8) (secondary sales that require a Product Disclosure Statement); or
(c) any financial services licensee; or
(d) any authorised representative of a financial services licensee; or
[CCH Note: There is no paragraph 1011B(e).]
(f) any person who is not required to hold an Australian financial services licence because the person is covered by:
(i) paragraph 911A(2)(j); or
(ii) an exemption in regulations made for the purposes of paragraph 911A(2)(k); or
(iii) an exemption specified by ASIC for the purposes of paragraph 911A(2)(l); or
(g) any person who is required to hold an Australian financial services licence but who does not hold such a licence.
[CCH Note: For definition of Regulations, see Corporations Regulations Schedule 10A, Part 5A - Modifications for margin loan, item 5A.1; Part 5B - Modifications for superannuation products to which Subdivision 4.2B of Division 4 of Part 7.9 applies, item 5B.1 and Part 5C - Modifications for simple managed investment scheme, item 5C.1]
responsible person for a Product Disclosure Statement has the meaning given by subsection 1013A(3).
sale has a meaning affected by section 1010C.
sale Statement has the meaning given by subsection 1013A(2).
S 1011B amended by No 101 of 2007, s 3, Sch 1, Pt 1 (effective 28 June 2007).
S 1011B inserted by No 122 of 2001, s 3, Sch 1, Pt 1 (effective 11 March 2002).