Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_765a:p2
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 765A (pt 2/2)
Character Range: 60325–62148

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) or (ii);
 (s) any of the following in relation to a managed investment scheme (whether or not operated in this jurisdiction) in relation to which none of paragraphs 601ED(1)(a), (b) and (c) are satisfied and that is not a registered scheme:
 (i) an interest in the scheme;
 (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) or (ii);
 (t) a deposit‑taking facility that is, or is used for, State banking;
 (u) a benefit provided by an association of employees that is an organisation within the meaning of the Workplace Relations Act 1996 for a member of the organisation or a dependant of a member;
 (v) either of the following:
 (i) a contract of insurance; or
 (ii) a life policy or a sinking fund policy, within the meaning of the Life Insurance Act 1995, that is not a contract of insurance;
  issued by an employer to an employee of the employer;
 (w) a funeral benefit;
 (x) physical equipment or physical infrastructure by which something else that is a financial product is provided;
 (y) a facility, interest or other thing declared by regulations made for the purposes of this subsection not to be a financial product;
 (z) a facility, interest or other thing declared by ASIC under subsection (2) not to be a financial product.

 (2) ASIC may declare that a specified facility, interest or other thing is not a financial product for the purposes of this Chapter. The declaration must be in writing and ASIC must publish notice of it in the Gazette.

Division 4—When does a person provide a financial service?