Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:10a_1013l:p14
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 10A cl 1013L (pt 14/17)
Character Range: 2253205–2256217

credit unit, the regulated person does not have to inform the client as described in paragraph (3A)(b) if the person is:
 (a) the Clean Energy Regulator; or
 (b) the Clean Development Mechanism Executive Board; or
 (c) the government of a country other than Australia; or
 (d) an authority acting on behalf of the government of a country other than Australia.

Recommendation, issue or sale situation for eligible international emissions unit—statements on Clean Energy Regulator's website
 (3D) Subject to subsections (3E) and (3F), in a recommendation situation, issue situation or sale situation for an eligible international emissions unit, the regulated person:
 (a) does not have to give the client a Product Disclosure Statement; and
 (b) must inform the client that the client should consider each statement about the eligible international emissions unit that is mentioned in section 61 of the Australian National Registry of Emissions Units Act 2011.

Recommendation, issue or sale situation for eligible international emissions unit—client has considered statements on Clean Energy Regulator's website
 (3E) In a recommendation situation, issue situation or sale situation for an eligible international emissions unit, the regulated person does not have to inform the client as described in paragraph (3D)(b) if the regulated person believes, on reasonable grounds, that the client has already considered each statement about the eligible international emissions unit that is published on the website of the Clean Energy Regulator as mentioned in section 61 of the Australian National Registry of Emissions Units Act 2011.

Recommendation, issue or sale situation for eligible international emissions unit—specified persons
 (3F) In a recommendation situation, issue situation or sale situation for an eligible international emissions unit, the regulated person does not have to inform the client as described in paragraph (3D)(b) if the person is:
 (a) the Clean Energy Regulator; or
 (b) the Clean Development Mechanism Executive Board; or
 (c) the government of a country other than Australia; or
 (d) an authority acting on behalf of the government of a country other than Australia.

19.2  Subsection 1012D(5)
omit
give the client a Product Disclosure Statement
insert
inform the client as described in paragraph (1)(b), (3A)(b) or (3D)(b)

19.3  Subsection 1012D(6)
omit
give the client a Product Disclosure Statement
insert
inform the client as described in paragraph (1)(b), (3A)(b) or (3D)(b)

19.4  Subsections 1012D(7) to (10), including the subheading
omit

19.5  Subsection 1012IA(1), definition of regulated acquisition
substitute
regulated acquisition means an acquisition of a financial product pursuant to an instruction by the client under a custodial arrangement, being an acquisition:
 (a) by way of issue by the issuer (the regulated person); or
 (b) pursuant to a sale by a person (the regulated person) in circumstances:
 (i) described in subsection 1012C(5) or (8); or
 (ii) to