Document ID: chunk:federal_register_of_legislation:F2023C01022:reg:60
Version: federal_register_of_legislation:F2023C01022
Segment Type: reg
Provision Reference: reg 60
Character Range: 176696–177586

60  Waiver of rights under payment split (Act s 90XZA, s 90YZQ)
 (1) For subsections 90XZA(2) and 90YZQ(2) of the Act, a waiver notice must be in accordance with Form 5 in Schedule 1.
 (2) For paragraphs 90XZA(2)(a) and 90YZQ(2)(a) of the Act, each of the following persons is a prescribed financial adviser:
 (a) a person who is the holder of an Australian financial services licence under section 913B of the Corporations Act 2001, being a licence that authorises the person to provide advice of the kind mentioned in paragraph 90XZA(2)(a) or 90YZQ(2)(a) (as the case may be) of the Family Law Act 1975;
 (b) a person who provides a financial service, within the meaning of the Corporations Act 2001, on behalf of a person mentioned in paragraph (a) in the circumstances in which that is permitted under section 911B of that Act.

Division 7.2—Provision of information to and by trustee