Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.5
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COMPENSATION REGIMES FOR FINANCIAL MARKETS
Division 3
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Approved compensation arrangements
Subdivision D
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Are compensation arrangements adequate?
SECTION 885A
PURPOSE OF THIS SUBDIVISION
885A(1)
This Subdivision applies for the purpose of determining, for the purposes of a provision of this Division: (a) whether:
885A(2)
A reference in this Subdivision to the arrangements is a reference to the proposed arrangements, the arrangements as proposed to be changed, or the arrangements that have been approved, as the case requires.
885A(3)
A reference in this Subdivision to the compensation rules is a reference to the compensation rules, or the proposed compensation rules, forming part of the arrangements under consideration.
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteThis Subdivision applies for the purpose of determining, for the purposes of a provision of this Division: (a) whether:
(i) proposed compensation arrangements are adequate; or
(b) whether compensation arrangements that have been approved are adequate.
(ii) compensation arrangements as proposed to be changed are adequate; or
885A(2)
A reference in this Subdivision to the arrangements is a reference to the proposed arrangements, the arrangements as proposed to be changed, or the arrangements that have been approved, as the case requires.
885A(3)
A reference in this Subdivision to the compensation rules is a reference to the compensation rules, or the proposed compensation rules, forming part of the arrangements under consideration.