Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_12baa:p4
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 12BAA (pt 4/4)
Character Range: 831169–833180

a facility that is a designated payment system for the purposes of the Payment Systems (Regulation) Act 1998;
 (f) a facility for the exchange and settlement of non‑cash payments (see subsection (6)) between providers of non‑cash payment facilities;
 (g) a facility that is:
 (i) a financial market; or
 (ii) a clearing and settlement facility; or
 (iii) a payment system operated as part of a clearing and settlement facility;
 (h) so much of an arrangement as is not a derivative within the meaning of the Corporations Act because of paragraph 761D(3)(a) of that Act;
 (i) an arrangement that is not a derivative within the meaning of the Corporations Act because of paragraph 761D(3)(b) of that Act;
 (j) an arrangement that is not a derivative within the meaning of the Corporations Act because of subsection 761D(4) of that Act;
 (k) any of the following:
 (i) an interest in something that is not a managed investment scheme within the meaning of the Corporations Act because of paragraph (c), (e), (f), (k), (l) or (m) of the definition of managed investment scheme in section 9 of that Act;
 (ii) a legal or equitable right or interest in an interest covered by subparagraph (i);
 (iii) an option to acquire, by way of issue, an interest or right covered by subparagraph (i);
 (m) a deposit‑taking facility that is used for State banking;
 (n) equipment or infrastructure by which something else that is a financial product is provided;
 (o) a funeral benefit;
 (p) a facility, interest or other thing declared by regulations made for the purposes of this subsection not to be a financial product.

 (9) For the purpose of paragraphs (7)(d) and (e), contract of insurance includes:
 (a) a contract that would ordinarily be regarded as a contract of insurance even if some of its provisions are not by way of insurance; and
 (b) a contract that includes provisions of insurance in so far as those provisions are concerned, even if the contract would not ordinarily be regarded as a contract of insurance.