Document ID: chunk:federal_register_of_legislation:C2004A01226:clause:2_46a:p2
Version: federal_register_of_legislation:C2004A01226
Segment Type: clause
Provision Reference: sch 2 cl 46A (pt 2/2)
Character Range: 44217–45821

purposes of this subparagraph.

Note: Paragraphs 947B(2)(b) and 947C(2)(b) require a Statement of Advice to include information about the basis on which the advice is or was given, which may include the client's relevant personal circumstances, in which case paragraph (b) of this subsection would be satisfied.

 (2) For the purposes of subsection (1):

able to be traded on a licensed market means:
 (a) in relation to securities or managed investment products—either:
 (i) the securities or products are admitted to quotation on a licensed market and their admission to quotation is not suspended; or
 (ii) the securities or products are not admitted to quotation on a licensed market, but are further securities or products of a kind that are already admitted to quotation on the market and whose admission to quotation is not suspended; and
 (b) in relation to derivatives:
 (i) the standard terms of the arrangement that constitutes the derivative are set out in the operating rules of a licensed market; and
 (ii) under the operating rules of that market, the derivatives are able to be dealt with on the market.

cash management facility means:
 (a) an interest in a registered scheme of a kind commonly known as a cash common fund or a cash management trust; or
 (b) a basic deposit product; or
 (c) a bank accepted bill.

cash management facility advice means advice about the use (but not the establishment) of a cash management facility in connection with an acquisition or disposal of securities, managed investment products or derivatives to which the further market‑related advice relates.