Document ID: chunk:federal_register_of_legislation:C2023A00076:clause:2_761a:p2
Version: federal_register_of_legislation:C2023A00076
Segment Type: clause
Provision Reference: sch 2 cl 761A (pt 2/3)
Character Range: 125333–128051

approved deposit fund;
 (b) an insurer in relation to a superannuation complaint;
 (c) an RSA provider.
derivative retail client money: money paid as mentioned in subsection 981A(1) is derivative retail client money if:
 (a) either:
 (i) the financial service referred to in subparagraph 981A(1)(a)(i) is or relates to a dealing in a derivative; or
 (ii) the financial product referred to in subparagraph 981A(1)(a)(ii) is a derivative; and
 (b) the financial service or product would be provided to the client as a retail client if:
 (i) the service or product were provided to the client when the money is paid; and
 (ii) section 761GA (about sophisticated investors) did not apply.
derivative trade data means:
 (a) information about derivative transactions, or about positions relating to derivative transactions; or
 (b) information (including statistical data) that is created or derived from information referred to in paragraph (a).
financial services law means:
 (a) a provision of this Chapter or of Chapter 5C, 5D, 6, 6A, 6B, 6C, 6D, 8A or 8B; or
 (b) a provision of Chapter 9 as it applies in relation to a provision referred to in paragraph (a); or
 (c) a provision of the Passport Rules for this jurisdiction; or
 (d) a provision of Division 2 of Part 2 of the ASIC Act; or
 (e) any other Commonwealth, State or Territory legislation that covers conduct relating to the provision of financial services (whether or not it also covers other conduct), but only in so far as it covers conduct relating to the provision of financial services; or
 (f) in relation to a financial services licensee that is a licensed trustee company (in addition to paragraphs (a) to (e))—any rule of common law or equity that covers conduct relating to the provision of financial services that are traditional trustee company services (whether or not it also covers other conduct), but only in so far as it covers conduct relating to the provision of such services.
foreign exchange contract means a contract:
 (a) to buy or sell currency (whether Australian or not); or
 (b) to exchange one currency (whether Australian or not) for another (whether Australian or not).
funeral benefit:
 (a) means a benefit that consists of the provision of funeral, burial or cremation services, with or without the supply of goods connected with such services; but
 (b) does not include a scheme or arrangement for the provision of benefits consisting of the payment of money, on the death of a person, for the purpose of meeting the whole or a part of the expenses of and incidental to the funeral, burial or cremation of the person.
insurer, in relation to a superannuation complaint, means the life company (within the meaning of the Life