Document ID: chunk:federal_register_of_legislation:C2023A00076:clause:5_19
Version: federal_register_of_legislation:C2023A00076
Segment Type: clause
Provision Reference: sch 5 cl 19
Character Range: 321359–322860

19  After subsection 941C(2)
Insert:

Dealing in financial products in ordinary course of operation of superannuation entity
 (2A) The providing entity does not have to give the client a Financial Services Guide if:
 (a) the providing entity is the trustee of a superannuation entity; and
 (b) the client is a member (within the meaning of the Superannuation Industry (Supervision) Act 1993) of the superannuation entity; and
 (c) the financial service is a dealing by the trustee in financial products in the ordinary course of operation of the superannuation entity.

Dealing in financial products in ordinary course of operation of registered scheme
 (2B) The providing entity does not have to give the client a Financial Services Guide if:
 (a) the providing entity is the responsible entity of a registered scheme; and
 (b) the client is a member the scheme; and
 (c) the financial service is a dealing by the responsible entity in financial products in the ordinary course of operation of the scheme.

Dealing in financial products in ordinary course of operating the business and conducting the affairs of a CCIV
 (2C) The providing entity does not have to give the client a Financial Services Guide if:
 (a) the providing entity is the corporate director of a CCIV; and
 (b) the client is a member of the CCIV; and
 (c) the financial service is a dealing by the corporate director in financial products in the ordinary course of operating the business and conducting the affairs of the CCIV.