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CORPORATIONS ACT 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.2 - TRANSITIONAL PROVISIONS RELATING TO THE FINANCIAL SERVICES REFORM ACT 2001    View history reference

Division 1 - Transitional provisions relating to the phasing-in of the new financial services regime    View history reference

Subdivision E - Product disclosure requirements    View history reference

SECTION 1440  

1440  CONTINUED APPLICATION OF CERTAIN PROVISIONS OF OLD DISCLOSURE REGIMES DURING TRANSITION PERIOD  

 View history reference
During the transition period (if any) for a financial product, the following provisions continue to apply, despite their repeal or amendment, to and in relation to the financial product:


(a) if the product is a managed investment product - all the provisions of Chapter 6D of the old Corporations Act, other than section 722 of that Act, and any associated provisions;


(b) if the product is a derivative - section 1210 of the old Corporations Act, and any associated provisions;


(c) if the product is a superannuation product - the following provisions, and any associated provisions:


(i) section 153, and all the provisions of Divisions 3 and 4 of Part 19, of the Superannuation Industry (Supervision) Act 1993 as in force immediately before the FSR commencement;

(ii) the section 153A of that Act that was provided for in Modification Declaration no. 15 as in force immediately before the FSR commencement, being a declaration of modification made under section 332 of that Act;


(d) if the product is an RSA product - section 51, and all the provisions of Divisions 4 and 5 of Part 5, of the Retirement Savings Accounts Act 1997 as in force immediately before the FSR commencement, and any associated provisions;


(e) if the product is an insurance product - sections 71A and 73 of the Insurance Contracts Act 1984 as in force immediately before the FSR commencement, and any associated provisions.


 



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