CORPORATIONS ACT 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.18 - TRANSITIONAL AND APPLICATION PROVISIONS RELATING TO THE FUTURE OF FINANCIAL ADVICE MEASURES  

Division 1 - Provisions relating to the Corporations Amendment (Further Future of Financial Advice Measures) Act 2012  

SECTION 1526   DEFINITIONS  

1526(1)  
In this Part:

amending Act
means the Corporations Amendment (Further Future of Financial Advice Measures) Act 2012 .

custodial arrangement
has the same meaning as it has in subsection 1012IA(1) , subject to subsection (2).

platform operator
means the provider of a custodial arrangement, or custodial arrangements.

provider
, in relation to a custodial arrangement, has the same meaning as in subsection 1012IA(1) .

1526(2)  


The definition of custodial arrangement in subsection 1012IA(1) is to be read as if the reference in that definition to an instruction included a reference to:


(a) a direction of the kind mentioned in paragraph 58(2)(d) or (da) of the Superannuation Industry (Supervision) Act 1993 that will involve the acquisition of a particular financial product, or a financial product of a particular kind; and


(b) a direction of the kind mentioned in subsection 52B(4) of the Superannuation Industry (Supervision) Act 1993 that will involve the acquisition of a particular financial product, or a financial product of a particular kind.


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