Corporations Amendment (Streamlining Future of Financial Advice) Regulation 2014 (102 of 2014)

Schedule 1  

Corporations Regulations 2001

35   Paragraph 7.7A.16F(b)

Repeal the paragraph, substitute:

(b) the benefit, as passed through, was given under an arrangement:

(i) that was entered into before the application day, within the meaning of subsection 1528(4) of the Act; or

(ii) by which an authorised representative of a financial services licensee became an authorised representative of another financial services licensee; or

(iii) by which a representative of a financial services licensee, or an employee of an authorised representative of a financial services licensee, became an authorised representative of the licensee or a related body corporate of the licensee; and