Scams Prevention Framework Act 2025 (15 of 2025)

Schedule 1   Amendments

Part 2   Other amendments

Corporations Act 2001

13   At the end of subsection 1051(2)

Add:

Note: A law, instrument or condition referred to in paragraph (a) that requires entities to be members of the scheme need not be a law, instrument or condition regulating providers of financial products or services. The constitutional basis for that law, instrument or condition would need to support the scheme's application to such entities.