Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:15:p12
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 15 (pt 12/73)
Character Range: 1718805–1721465

relation to the regulated principal after the end of the transition period in relation to:
 (a) the person in the capacity of a regulated principal of that kind; and
 (b) the money;
as if the person were a dealer within the meaning of the old Corporations Act.

10.2.58  Other property of clients: financial services licensee who formerly held dealer's licence
 (1) For section 1444 of the Act, this regulation applies in relation to a financial services licensee who is a regulated principal mentioned in item 1 of the table in section 1430 of the Act, and whose financial services licence covers regulated activities for a regulated principal of this kind, in relation to scrip:
 (a) received by the person before the end of the transition period in relation to the person in the capacity of a regulated principal of that kind; and
 (b) to which section 873 of the old Corporations Act applied.
 (2) Section 873 of the old Corporations Act, and any associated provisions, continue to apply in relation to the regulated principal after the end of the transition period in relation to:
 (a) the person in the capacity of a regulated principal of that kind; and
 (b) the scrip;
as if the person was still the holder of a dealers licence within the meaning of the old Corporations Act.

10.2.59  Other property of clients: financial services licensee who formerly held futures broker's licence
 (1) For section 1444 of the Act, this regulation applies in relation to a financial services licensee who is a regulated principal mentioned in item 3 of the table in section 1430 of the Act, and whose licence covers regulated activities for a regulated principal of that kind, in relation to property:
 (a) received by the person before the end of the transition period in relation to the person in the capacity of a regulated principal of that kind; and
 (b) to which section 1209 or 1214 of the old Corporations Act applied.
 (2) Sections 1209 and 1214 of the old Corporations Act, and any associated provisions, continue to apply in relation to the regulated principal after the end of the transition period in relation to:
 (a) the person in the capacity of a regulated principal of that kind; and
 (b) the property;
as if the licensee were a futures broker within the meaning of the old Corporations Act.

10.2.60  Special provisions relating to insurance: financial services licensee who was formerly a registered insurance broker
 (1) For section 1444 of the Act, this regulation applies in relation to a financial services licensee who is a regulated principal mentioned in item 5 of the table in section 1430 of the Act, and whose financial services licence