Document ID: chunk:federal_register_of_legislation:F2024C00757:reg:1:p21
Version: federal_register_of_legislation:F2024C00757
Segment Type: reg
Provision Reference: reg 1 (pt 21/22)
Character Range: 99095–102098

performed by that other financial services licensee."

10 Section 1012IA
    Part 7.9 of the Act applies in relation to the operator of an IDPS as if the provisions of that Part were modified or varied by, after subsection 1012IA(8), inserting:
           "(9) An operator (as defined in subsection 912AD(42)) of an IDPS (as defined in subsection 912AD(42)) does not need to give a client a Product Disclosure Statement for a regulated acquisition that complies with subsection 912AD(26).".

11 Offers of securities through an IDPS
    Chapter 6D of the Act applies to all persons as if Part 6D.2 were modified or varied by, after section 704, inserting:
           "704A Offers through an IDPS
           (1) A person who makes an offer of accessible securities through an IDPS that needs disclosure under this Part must promptly notify an operator or custodian in relation to the IDPS if:
(a) a supplementary or replacement document has been lodged in relation to the disclosure document; or
(b) the person is prohibited under Division 1 of Part 6D.3 from making offers of securities under the disclosure document; or
(c) the disclosure document is withdrawn before the expiry date specified in the disclosure document.
           (2) Nothing in this Part or Part 6D.3 requires a disclosure document for offers of accessible securities through an IDPS to include information about the IDPS or the rights attached to the accessible securities where they differ from the rights that a person would have if they acquired the accessible securities directly.
           (3) In this section:
           accessible securities, custodian, IDPS and operator have the same meanings as in subsection 912AD(42).".

Part 4—Repeal

12 Repeal
           This instrument is repealed at the start of 1 October 2028.

Endnotes

Endnote 1—About the endnotes
The endnotes provide information about this compilation and the compiled law.
The following endnotes are included in every compilation:
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
Abbreviation key—Endnote 2
The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history—Endnotes 3 and 4
Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.

Misdescribed amendments
A misdescribed amendment is an amendment that does not accurately describe how