Document ID: chunk:federal_register_of_legislation:F2023C00928:reg:8:p31
Version: federal_register_of_legislation:F2023C00928
Segment Type: reg
Provision Reference: reg 8 (pt 31/34)
Character Range: 93819–97148

foreign currency.
              custodian a person engaged by a MDA provider to hold client portfolio assets or a beneficial interest in those assets.
              external MDA adviser has the same meaning as in section 4 of the MDA Legislative Instrument.
              external MDA custodian has the same meaning as in section 4 of the MDA Legislative Instrument.
              IDPS has the same meaning as in ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669.
              IDPS-like scheme has the same meaning as in ASIC Corporations (Investor Directed Portfolio Services Provided Through a Registered Managed Investment Scheme) Instrument 2023/668.
              investment program, when used in a provision outside of section 912AEB, has the same meaning as in subsection 912AEB(4).
              investment strategy means the investment objective and other matters that guide the investment decision making of the licensee in relation to dealing in and holding client portfolio assets under a MDA.
              MDA contract has the same meaning as in section 4 of the MDA Legislative Instrument.
              MDA Legislative Instrument means the ASIC Corporations (Managed Discretionary Account Services) Instrument 2016/968.
              MDA provider has the same meaning as in section 4 of the MDA Legislative Instrument.
              MDA service has the same meaning as in section 4 of the MDA Legislative Instrument.
              non-limited recourse product has the same meaning as in section 4 of the MDA Legislative Instrument.
              quarter's end means, in relation to electronic access to information under paragraph 912AEF(2)(b):
                  (a) the end of the day that is a quarter day; or
                  (b) where such access is not given at the time mentioned in paragraph (a)—the time at which access is first given after that time.
quarterly report:
                  (a) in relation to an IDPS, has the same meaning as in subsection 912AD(42) (as notionally inserted by ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669); and
                  (b) in relation to an IDPS-like scheme, has the same meaning as in subsection 1013DAB(19) (as notionally inserted by ASIC Corporations (Investor Directed Portfolio Services Provided Through a Registered Managed Investment Scheme) Instrument 2023/668).
              regulated platform means an IDPS, IDPS-like scheme or a superannuation entity within the meaning of the Superannuation Industry (Supervision) Act 1993.
              regulated platform operator means, in relation to a regulated platform:
                  (a) in the case of an IDPS, an operator (as defined in ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669) of the IDPS; and
                  (b) in the case of an IDPS-like scheme, the responsible entity of the IDPS-like scheme; and
                  (c) in the case of a superannuation entity, the trustee of the superannuation entity.
              sub-custodian a person that a custodian directly or indirectly engages to hold client portfolio assets or a beneficial interest in those assets.
              transaction reports means, in relation to a transaction effected through:
                  (a) an IDPS—quarterly reports and