Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:15:p62
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 15 (pt 62/73)
Character Range: 1843091–1845977

on product disclosure of transition to licensed markets and licensed CS facilities

10.2.176  Offers that do not need disclosure
 (1) For section 1444 of the Act, this regulation applies in relation to a managed investment product.
 (2) A reference in subsection 708(10) of the old Corporations Act to a licensed dealer includes a financial services licensee.
 (3) A reference in subsection 708(11) of the old Corporations Act to:
 (a) a person who is a licensed or exempt dealer; or
 (b) a person who is a licensed or exempt investment adviser;
includes a financial services licensee.

10.2.177  Prospectus content—general disclosure test
 (1) For section 1444 of the Act, this regulation applies in relation to a managed investment product.
 (2) A reference in paragraph 710(3)(e) of the old Corporations Act to a stockbroker to an issue or sale includes, in relation to a stockbroker that participates in any way in the preparation of the prospectus for the issue or sale, a person named in the prospectus as a financial services licensee that is involved in the issue or sale.

10.2.178  Prospectus content—specific disclosures
 (1) For section 1444 of the Act, this regulation applies in relation to a managed investment product.
 (2) A reference in paragraph 711(4)(e) of the old Corporations Act to a stockbroker includes a financial services licensee named in the prospectus for the issue or sale as a financial services licensee that is involved in the issue or sale.

10.2.179  Futures broker to give certain information to prospective client
 (1) For section 1444 of the Act, this regulation applies in relation to a derivative.
 (2) A reference in subsection 1210(3) of the old Corporations Act to a futures broker includes a financial services licensee.

Division 33—Effect on Corporations Regulations 2001 of transition of financial service providers and transition to licensed markets and licensed CS facilities

10.2.180  Licence conditions—investment advice to retail investors
 (1) For section 1444 of the Act, this regulation applies in relation to a regulated principal.
 (2) A reference in subregulation 7.3.02B(8) of the old Corporations Regulations to:
 (a) the holder of a dealers licence; or
 (b) the holder of an investment advisers licence;
includes a financial services licensee.

10.2.181  Exemption from licensing—certain dealings
 (1) For section 1444 of the Act, this regulation applies in relation to a regulated principal mentioned in item 5 of the table in section 1430 of the Act.
 (2) A reference in paragraph 7.3.10A(b) of the old Corporations Regulations to a life insurance broker within the meaning of the Insurance (Agents and Brokers) Act 1984 includes the regulated principal.

10.2.182  Exemption from licensing—managed investment schemes
 (1) For section 1444 of the Act, this regulation applies in relation to a regulated principal that is