Document ID: chunk:federal_register_of_legislation:C2013C00529:clause:1_961f
Version: federal_register_of_legislation:C2013C00529
Segment Type: clause
Provision Reference: sch 1 cl 961F
Character Range: 13207–13811

961F  What is a basic banking product?
  Each of the following is a basic banking product:
  (a) a basic deposit product;
 (b) a facility for making non‑cash payments (see section 763D) that is related to a basic deposit product;
 (c) an FHSA product of a kind mentioned in subparagraph (c)(i) of the meaning of FHSA in section 8 of the First Home Saver Accounts Act 2008 (first home saver accounts);
 (d) a facility for providing traveller's cheques;
 (e) any other product prescribed by regulations for the purposes of this paragraph.

Subdivision C—Resulting advice must be appropriate to the client