Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:14:p5
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 14 (pt 5/7)
Character Range: 1228977–1231953

product that is a superannuation product or an RSA:
 (a) subsection 1017E(2A) of the Act does not apply in relation to the money; and
 (b) the money is taken to be held in trust by the product provider for the benefit of the person who is entitled to the money.

7.9.08D  Statutory funds under the Life Insurance Act 1995
  For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act applies in relation to an account mentioned in paragraph 7.9.08(1)(c) of these Regulations as if paragraph 1017E(2)(b) were omitted.

Division 4—Content of Product Disclosure Statements

Subdivision 4.1—Preliminary

7.9.09  Application of this Division
 (1) This Division applies in relation to:
 (a) superannuation products; and
 (b) RSAs; and
 (c) annuity products; and
 (e) a standard margin lending facility; and
 (f) a superannuation product to which Subdivision 4.2B of this Division applies; and
 (g) a simple managed investment scheme to which Subdivision 4.2C of Division 4 of Part 7.9 applies; and
 (h) a simple sub‑fund product to which Subdivision 4.2D of this Division applies.
 (2) Each of the Subdivisions of this Division has an application provision:
 (a) stating the types of entity in relation to which the Subdivision applies; and
 (b) referring to any provisions that limit or restrict the application of the Subdivision or a particular provision.
Note: Information content requirements are set out in the main provisions of section 1013D of the Act. These Regulations set out a more detailed statement of the information required under subsection 1013D(1) that the retail clients of superannuation products and RSAs would reasonably require for the purpose of making a decision whether to acquire the financial product.

Subdivision 4.1A—No Product Disclosure Statement for carbon units, Australian carbon credit units and eligible international emissions units

7.9.09A  Application of this Subdivision
  This Subdivision applies:
 (a) to a person who, apart from this Subdivision, would be required to give a Product Disclosure Statement for a carbon unit, an Australian carbon credit unit or an eligible international emissions unit; and
 (b) in relation to a carbon unit, an Australian carbon credit unit or an eligible international emissions unit.

7.9.09B  Provisions of Part 7.9 of Act that do not apply in relation to carbon units, Australian carbon credit units and eligible international emissions units
  For paragraph 1020G(1)(b) of the Act, the following provisions of Part 7.9 of the Act do not apply in relation to a carbon unit, an Australian carbon credit unit or an eligible international emissions unit:
 (a) subparagraph 1012A(3)(b)(i);
 (b) subparagraph 1012A(3)(b)(ii);
 (c) subparagraph 1012B(3)(a)(ii);
 (d) paragraph 1012C(3)(b);
 (e) paragraph 1012C(4)(c);
 (f) subsection 1012C(6);
 (g) section 1013A;
 (h) section 1013B;
 (i) section 1013C;
 (j) section 1013D;
 (k) section 1013E;
 (l) section 1013F;
 (m) section 1013G.

7.9.09C  Modification