Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

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Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

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History

Ch 7 amended by No 8 of 2022, s 3, Sch 2[165] (effective 1 July 2022).

Ch 7 inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].

As Act No 122 of 2001 repealed Ch 7 and 8 the history notes for Ch 7 use " inserted " and references to the former provisions have been removed.

PART 7.1 - PRELIMINARY  

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Division 4 - Meaning of financial service and related terms  

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History

Div 4 heading substituted by No 69 of 2023, s 3, Sch 2[45] (effective 15 September 2023).

SECTION 766H   MEANING OF SUPERANNUATION TRUSTEE SERVICE  

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766H(1)    
A person provides a superannuation trustee service if the person operates a registrable superannuation entity as trustee of the entity.

Note 1: The meaning of person here is affected by section 761FA (about multiple trustees).

Note 2: To determine whether a person to whom the service is provided is a retail client, see subsection 761G(6) .

766H(2)    
However, the following do not constitute the provision of a superannuation trustee service :

(a)    the operation of an exempt public sector superannuation scheme;

(b)    conduct of a kind prescribed by regulations made for the purposes of this paragraph.

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History

S 766H inserted by No 135 of 2020, s 3, Sch 9 [ 43] (effective 1 January 2021).

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