Document ID: chunk:federal_register_of_legislation:C2008C00460:clause:1_106
Version: federal_register_of_legislation:C2008C00460
Segment Type: clause
Provision Reference: sch 1 cl 106
Character Range: 52431–54170

106  After paragraph 911A(2)(ec)
Insert:
 (ed) both of the following apply:
 (i) the service is the provision of general advice by the person in connection with an offer of financial products under an eligible employee share scheme;
 (ii) the person is the corporation whose financial products are being issued or sold under the scheme, or an entity that that corporation controls;
 (ee) all of the following apply:
 (i) the service is dealing in a financial product by the person in connection with an offer of the financial product under an eligible employee share scheme;
 (ii) the scheme requires that any purchase or disposal of the financial product under the scheme occurs through a person who holds an Australian financial services licence to deal in financial products, or a person outside this jurisdiction who is licensed or otherwise authorised to deal in financial products in that jurisdiction;
 (iii) the person is the corporation whose financial products are being issued or sold under the scheme, or an entity that that corporation controls;
 (ef) both of the following apply:
 (i) the service is, or is provided incidentally to, a custodial or depository service that is provided by the person in connection with an eligible employee share scheme;
 (ii) the person is the corporation whose financial products are being issued or sold under the scheme, or an entity that that corporation controls;
 (eg) both of the following apply:
 (i) the service is dealing in an interest in a contribution plan operated by the person in relation to an eligible employee share scheme;
 (ii) the person is the corporation whose financial products are being issued or sold under the scheme, or an entity that that corporation controls;