Corporations Act 2001
CHAPTER 10
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TRANSITIONAL PROVISIONS
PART 10.18
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TRANSITIONAL AND APPLICATION PROVISIONS RELATING TO THE FUTURE OF FINANCIAL ADVICE MEASURES
In this Part:
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.
Division 1
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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)
.
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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