Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.9 - FINANCIAL PRODUCT DISCLOSURE AND OTHER PROVISIONS RELATING TO ISSUE AND SALE OF FINANCIAL PRODUCTS  

Division 8 - Other requirements  

REGULATION 7.9.75A   WAYS OF GIVING INFORMATION  

7.9.75A(1)   [ Ongoing disclosure of material changes]  

For paragraph 1017B(3)(c) of the Act, the following are ways in which a responsible person may notify a holder:


(a) notifying the holder in any way agreed to by the holder;


(b) notifying the holder's agent in any way agreed to by the agent.

7.9.75A(2)   [ Periodic statements for financial products with investment component]  

For paragraph 1017D(6)(c) of the Act, the following are ways of giving a periodic statement to a holder:


(a) making the periodic statement available to the holder in any way agreed to by the holder;


(b) making the periodic statement available to the holder's agent in any way agreed to by the agent.

7.9.75A(3)   [ Trustees of superannuation entities]  

For paragraph 1017DA(2)(c) of the Act, the following are ways in which information mentioned in subsection 1017DA(1) of the Act may be provided to a person:


(a) in writing;


(b) electronically;


(c) providing the information to the person in any way agreed to by the person;


(d) making the information available to the person's agent in any way agreed to by the agent.

7.9.75A(4)   [ Additional requirements]  

If a provision of the Act or these Regulations imposes additional requirements in relation to a matter in subregulation (1), (2) or (3), the ways of notifying a holder, giving a periodic statement and providing information are subject to the requirements.

Note: Regulation 7.9.75B is an example of an additional requirement.

7.9.75A(5)   [ Agents]  

For this regulation, a notification, a periodic statement or information may be given or sent to a person's agent only if the agent is not acting as the person's agent in one of the capacities mentioned in subsection 1015C(3) of the Act.




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