Financial Services Reform Act 2001 (122 of 2001)

Schedule 1   Financial Services and Markets

Part 2   Consequential amendments

Corporations Act 2001

398   Subsection 661C(4)

Repeal the subsection, substitute:

(4) The election must:

(a) comply with the conditions specified in regulations made for the purposes of this paragraph that provide for the manner of making the election; or

(b) if no such regulations are made - be in writing.