CORPORATIONS ACT 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.12 - TRANSITIONAL PROVISIONS RELATING TO THE CORPORATIONS LEGISLATION AMENDMENT (FINANCIAL SERVICES MODERNISATION) ACT 2009  

Division 1 - Transitional provisions relating to Schedule 1 to the Corporations Legislation Amendment (Financial Services Modernisation) Act 2009  

SECTION 1488   APPLICATION OF AMENDMENTS - GENERAL  

1488(1)   [ Application to margin lending financial services]  

The amendments made by the amending Schedule apply in relation to a margin lending financial service that is provided on or after the day that is 12 months after commencement.

1488(2)   [ " margin lending financial services " ]  

A margin lending financial service is:


(a) a dealing in a margin lending facility that was issued after commencement; or


(b) the provision of financial product advice in relation to a margin lending facility that was issued after commencement.


 

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