Document ID: chunk:federal_register_of_legislation:F2024L00375:body:0:p12
Version: federal_register_of_legislation:F2024L00375
Segment Type: other
Provision Reference: 
Character Range: 28635–29703

where practicable before arranging for the custodial property to be held by another person and in any event before the assets are held by the other person, except in exceptional circumstances identified in the agreement, the licensee will provide the client with written notice of the identity of, and contact details of, the other person; and
(i) to the effect that on termination, subject to any lien in accordance with the agreement or written instructions of the client, the assets must be transferred to the client or otherwise be transferred as the client lawfully directs within a reasonable time; and
(j) to the effect that the licensee has and must maintain adequate arrangements to enable it to provide the services under the agreement in any contingency for which it should reasonably plan; and
(k) to the effect that the licensee will keep any information of a confidential nature in confidence, apart from any disclosure to ASIC or as permitted by law or by the client.".

Part 3—Repeal

5 Repeal
This instrument is repealed at the start of 1 April 2029.