Corporations Amendment Regulations 2002 (No. 2) (16 of 2002)

Schedule 1   Amendments commencing at 12.01 am (in the Australian Capital Territory) on 11 March 2002

[72]   After regulation 7.9.02

insert

7.9.02A Alternative ways of giving Product Disclosure Statement

(1) For subsection 1015C (4) of the Act, the following are alternative ways of giving a Product Disclosure Statement to a person:

(a) making the Product Disclosure Statement available to the person in any way agreed to by the person;

(b) making the Product Disclosure Statement available to the person's agent in any way agreed to by the agent.

(2) If a provision of the Act or these Regulations imposes additional requirements in relation to a matter in subregulation (1), the alternative way of giving a Product Disclosure Statement is subject to the requirements.

Note Regulation 7.9.02B is an example of an additional requirement.

7.9.02B Product Disclosure Statement in electronic form

(1) For paragraph 1015C (5) (b) of the Act, a statement that is to be given in electronic form must, as far as practicable, be presented in a way that will allow the person to whom it is given to keep a copy of it so that the person can have ready access to it in the future.

(2) A statement that is to be given in electronic form must be presented in a way that clearly identifies the information that is part of the statement.