Corporations Legislation Amendment (Financial Services Modernisation) Act 2009 (108 of 2009)

Schedule 2   Trustee companies

Corporations Act 2001

11   Section 761A (at the end of the definition of financial services law )

Add:

; or (e) in relation to a financial services licensee that is a licensed trustee company (in addition to paragraphs (a) to (d)) - any rule of common law or equity that covers conduct relating to the provision of financial services that are traditional trustee company services (whether or not it also covers other conduct), but only in so far as it covers conduct relating to the provision of such services.