Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.6
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LICENSING OF PROVIDERS OF FINANCIAL SERVICES
Division 8A
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Professional standards for relevant providers etc.
Subdivision A
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Education and training standards
SECTION 921BC
EXEMPTIONS FOR CERTAIN RELEVANT PROVIDERS
Time-sharing schemes
921BC(1)
Sections 921BA and 921BB do not apply to a relevant provider if the only relevant financial product in relation to which the relevant provider provides personal advice to retail clients is a time-sharing scheme. Provisional relevant providers 921BC(2)
The CPD provisions do not apply to provisional relevant providers.
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteCCH Note: Part 7.6 (other than Divs 4 and 8) is modified by ASIC Corporations (Financial Requirements for Corporate Directors of Retail Corporate Collective Investment Vehicles) Instrument 2022/449.
Sections 921BA and 921BB do not apply to a relevant provider if the only relevant financial product in relation to which the relevant provider provides personal advice to retail clients is a time-sharing scheme. Provisional relevant providers 921BC(2)
The CPD provisions do not apply to provisional relevant providers.
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