Corporations Amendment Regulation 2012 (No. 1) (42 of 2012)
Schedule 1 Amendments
[7] Regulation 7.1.40
insert
(2)For paragraph 766E (3) (e) of the Act, conduct that is mentioned in subsection 766E (1) of the Act does not constitute providing a custodial or depository service if the financial product is an Australian carbon credit unit that has been issued to:
(a)a special native title account in accordance with section 49 of the Carbon Credits (Carbon Farming Initiative) Act 2011; or
(b)a nominee account in accordance with section 141 of that Act.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
