Corporations Regulations 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.1
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PRELIMINARY
Division 3
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When does a person provide a financial service?
REGULATION 7.1.33D
7.1.33D
INVESTMENT-LINKED LIFE INSURANCE PRODUCTS
For paragraph 766A(2)(b) of the Act, a person is taken not to provide a financial service if: (a) the person makes a market for a financial product; and (b) the person is the issuer of the product; and (c) the product is an investment-linked life insurance policy under an investment-linked contract (within the meaning of subsection 14(4) of the Life Insurance Act 1995 ).
View history note
Hide history note[ CCH Note: Pursuant to the Corporations Amendment Regulations 2001 (No 4) (SR 2001 No 319) effective 11 March 2002, Chapter 7 (Securities) comprising reg 7.1.01 - 7.15.01 and Chapter 8 (The futures industry) comprising reg 8.1.01 - 8.7.03 are replaced by a new Chapter 7 (Financial services and markets) comprising reg 7.1.01 - 7.12.01. As the subject matter of the new Chapter 7 relates to the new financial services reform regime, " inserted " has been used in the history notes for each provision, and all references to the former provisions have been removed.]
For paragraph 766A(2)(b) of the Act, a person is taken not to provide a financial service if: (a) the person makes a market for a financial product; and (b) the person is the issuer of the product; and (c) the product is an investment-linked life insurance policy under an investment-linked contract (within the meaning of subsection 14(4) of the Life Insurance Act 1995 ).
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