Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:15:p20
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 15 (pt 20/73)
Character Range: 1738222–1740909

Act; or
 (b) constitutes, or may constitute, a contravention of the condition of the dealers licence held by the licensee before the time that it became a financial services licensee in relation to the regulated activities mentioned in item 1 of the table in section 1430 of the Act; or
 (c) constitutes, or may constitute, a contravention of section 856, 866, 867, 868, 869, 870, 871, 872 or 873, or Part 7.7 of the old Corporations Act.

10.2.68  Auditor's report on certain matters: financial services licensee who formerly held a futures broker's licence
 (1) For section 1444 of the Act, this regulation applies in relation to a financial services licensee:
 (a) who is a regulated principal mentioned in item 3 of the table in section 1430 of the Act; and
 (b) whose financial services licence covers regulated activities for a regulated principal of that kind.
 (2) Section 990K of the Act applies in relation to an auditor of a financial services licensee mentioned in subregulation (1) as if subsection 990K(2) required the auditor to give a report on any matter that, in the opinion of the auditor:
 (a) adversely affected the ability of the licensee to meet its obligations as a futures broker before the time that it became a financial services licensee in relation to the regulated activities mentioned in item 3 of the table in section 1430 of the Act; or
 (b) constitutes, or may constitute, a contravention of the condition of the futures brokers licence held by the licensee before the time that it became a financial services licensee in relation to the regulated activities mentioned in item 3 of the table in section 1430 of the Act; or
 (c) constitutes, or may constitute, a contravention of section 1209, 1213 or 1214 of the old Corporations Act.

10.2.69  Auditor's report on certain matters: financial services licensee who was formerly a registered insurance broker
 (1) For section 1444 of the Act, this regulation applies in relation to a financial services licensee:
 (a) who is a regulated principal mentioned in item 5 of the table in section 1430 of the Act; and
 (b) whose financial services licence covers regulated activities for a regulated principal of that kind.
 (2) Section 990K of the Act applies in relation to an auditor of the financial services licensee as if subsection 990K(2) required the auditor to give a report on any matter that, in the opinion of the auditor, constitutes, or may constitute, a contravention of section 25C, 26 or 27 of the Insurance (Agents and Brokers) Act 1984.

10.2.70  Priority to clients' orders: financial services licensee who held a dealers licence
 (1) For section 1444 of the Act, this regulation applies in