Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:15:p72
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 15 (pt 72/73)
Character Range: 1868803–1871432

Act, a reference in subsection 992AA(2) of the Act to a financial services licensee includes a regulated principal.
 (2) Subregulation (1) ceases to apply in relation to a regulated principal at the end of the transition period in relation to the regulated principal.

Division 50—Warrants or options to acquire issued securities

10.2.213  Warrants or options to acquire issued securities
  For section 1444 of the Act, if a warrant or option to acquire issued securities by way of transfer is a financial product:
 (a) to which the definition of securities in subsection 92(3) of the old Corporations Act applied; and
 (b) to which Chapter 6D of that Act applied;
Chapter 6D is taken to apply during the transition period for those products.

Division 52—Winding up of fidelity funds if market ceases to operate

10.2.215  Winding up of fidelity funds if market ceases to operate
 (1) For subsection 1416(1) of the Act, section 886B of the Act applies in relation to a fidelity fund kept by the operator of a financial market that, at a time in the transition period for the market, ceases to operate (otherwise than because of a merger).
 (2) For paragraph 886B(c) of the Act, subsection (3) applies if, at a time during the transition period for a financial market on which derivatives are traded, a person (the first person) ceases to operate the market (other than because of a merger), and another person (the second person) that is a related body corporate operates a financial market:
 (a) in relation to which, or a segment of which, there are required, after the end of the transition period, to be compensation arrangements approved in accordance with Division 3 of Part 7.5 of the Act; and
 (b) on which derivatives are also traded.
 (3) The assets of the fidelity fund held by the first person for the market it had operated may be:
 (a) transferred to the fidelity fund held by the second person for the market, or segment of the market, that it operates; or
 (b) held as, or as part of, the fidelity fund held for the market, or segment of the market, operated by the second person.

Part 10.5—Transitional provisions relating to the Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Act 2004

10.5.01  Adoption of auditing standards made by accounting profession before commencement (Act ss 1455(1) and (3))
 (1) For subsections 1455(1) and (3) of the Act:
 (a) a standard (as in force from time to time) mentioned in the table has effect, for the purposes of the Act, as if it had been made by the AUASB under section 336 of the Act on 1 July 2004; and
 (b) a standard mentioned in