Corporations Amendment Regulations 2010 (No. 3) (88 of 2010)

Schedule 1   Amendments commencing on commencement of Schedule 2 to Corporations Legislation Amendment (Financial Services Modernisation) Act 2009

[5]   Subregulation 7.7.04 (3), except the heading

substitute

(3) The following information is required if the remuneration, commission or other benefits are able to be worked out at the time the Financial Services Guide is given to the client:

(a) in a case where the remuneration, commission or other benefits are to be received by a person who is a licensed trustee company, either:

(i) the remuneration, commission or other benefits; or

(ii) the remuneration, commission or other benefits stated as a percentage of the income from the estate or as a percentage of the capital value of the estate;

(b) in any other case - the remuneration, commission or other benefits.