Document ID: chunk:federal_register_of_legislation:F2018C00552:body:0:p2
Version: federal_register_of_legislation:F2018C00552
Segment Type: other
Provision Reference: 
Character Range: 2754–5515

after subitem (1), insert:
               "(1A) The summary for the purposes of paragraph (1)(b) may be up to date or on or after 1 November 2018, reflect the position immediately before that date.".
           (c) in item 11 of Schedule 10D and item 10 of Schedule 10E to the Regulations, after subitem (1) insert:
               "(1A) The explanation for the purposes of paragraph (1)(c) may be up to date or on or after 1 November 2018, reflect the position immediately before that date.".
(2) The declaration in subsection (1) applies in relation to the person giving a Product Disclosure Statement or a Short-Form Product Disclosure Statement before 1 July 2019 where:
           (a) if the Statement is given on or after 1 November 2018—section 10 applies to the person; and
           (b) a Product Disclosure Statement or a Short-Form Product Disclosure Statement in the same terms was first given before the commencement of this instrument.

7 Material changes and significant events
(1) An issuer of a financial product does not have to comply with section 1017B(1) in relation to a change or event that relates to the AFCA scheme starting to cover complaints by holders of the product.
(2) The exemption in subsection (1) does not apply to an issuer on or after 1 November 2018 unless section 10 applies to the issuer.

8 Periodic statements
(1) Part 7.9 applies in relation to an issuer of a financial product as if provisions of that Part were modified or varied by in paragraphs 7.9.53(a) and 7.9.75(1)(c) of the Regulations, after "statement", inserting "(that may be up to date or on or after 1 November 2018, reflect the position immediately before that date)".
(2) The declaration in subsection (1) applies in relation to the issuer giving a periodic statement before 1 July 2019 where:
           (a) if the statement is given on or after 1 November 2018—section 10 applies to the issuer; and
           (b) the information about dispute resolution in the statement is the same as that in periodic statements given by the issuer before the commencement of this instrument.

9 Statement about superannuation interest under Family Law Act
(1) Part 7.9 applies in relation to a trustee of a superannuation entity and an RSA provider as if provisions of that Part were modified or varied by, in paragraphs 7.9.88(1)(g) and 7.9.89(1)(g), after "information", inserting "(that may be up to date or on or after 1 November 2018, reflect the position immediately before that date)".
(2) The declaration in subsection (1) applies in relation to the trustee or provider giving a statement before 1 July 2019 where:
           (a) if the statement is given after 1 November 2018—section 10 applies to the person; and
           (b) the information in the