A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.7A - BEST INTERESTS OBLIGATIONS AND REMUNERATION    View history reference

Division 1 - Preliminary  

SECTION 960  

960  DEFINITIONS  

 View history reference
In this Part:

asset-based fee has the meaning given by section 964F .

basic banking product has the meaning given by section 961F .

benefit ratio , for a benefit given to a financial services licensee, or a representative of a financial services licensee, in relation to a life risk insurance product, or life risk insurance products, for a year, has the meaning given by subsection 963B(3A) .

conflicted remuneration has the meaning given by section 963A , as affected by sections 963AA , 963B , 963C and 963D .

consumer credit insurance has the same meaning as in the Insurance Contracts Act 1984 .

custodian , in relation to a registrable superannuation entity, has the same meaning as in the Superannuation Industry (Supervision) Act 1993 .

disclosure day has the meaning given by section 962J .

fee disclosure statement has the meaning given by subsection 962H(1) .

fee recipient has the meaning given by section 962C .

group life policy for members of a superannuation entity has the meaning given by subsection 963B(2) .

life policy for a member of a default superannuation fund has the meaning given by subsection 963B(3) .

ongoing fee has the meaning given by section 962B .

ongoing fee arrangement has the meaning given by section 962A .

policy cost , for a life risk insurance product, or life risk insurance products, for a year has the meaning given by subsections 963B(3B) and (3C) .

reasonable investigation has a meaning affected by section 961D .

reasonably apparent :


(a) in Division 2 - has the meaning given by section 961C ; and


(b) in Subdivision B of Division 5 - has the meaning given by section 964H .

registrable superannuation entity has the same meaning as in the Superannuation Industry (Supervision) Act 1993 .

regulated superannuation fund has the same meaning as in the Superannuation Industry (Supervision) Act 1993 .

renewal notice has the meaning given by subsection 962K(2) .

renewal notice day has the meaning given by subsection 962L(1) .

renewal period has the meaning given by subsection 962L(2) .

representative of a financial services licensee has the same meaning as in Part 7.6 (see section 910A ).

responsible licensee , in relation to a contravention of a provision of this Part, has the meaning given by section 961P .

RSE licensee has the same meaning as in the Superannuation Industry (Supervision) Act 1993 .

volume-based shelf-space fee has a meaning affected by section 964A .


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page