Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:15:p25
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 15 (pt 25/73)
Character Range: 1750473–1753184

only if the other financial product is a financial product mentioned in paragraph 764A(1)(k) of the Act.
 (11) A warrant is in the same class as another financial product only if the other financial product is a warrant.

10.2.75  References to financial services licensee
 (1) For section 1444 of the Act, a reference in Part 7.9 of the Act to a financial services licensee includes a regulated principal.
 (2) Subregulation (1) also applies to section 761E of the Act.
 (3) A reference in paragraph 761E(6)(d) of the Act to an authorised representative includes a representative of a regulated principal.
 (4) A reference in paragraph (d) of the definition of regulated person in section 1011B of the Act to an authorised representative includes a representative of a regulated principal.
 (5) A reference in paragraph 1015C(3)(b) of the Act to an authorised representative includes a representative of a regulated principal.
 (6) A reference in paragraph 1017A(1)(c) of the Act to an authorised representative includes a representative of a regulated principal.
 (7) Subregulations (1) to (6) cease to apply in relation to the regulated principal and the authorised representative at the end of the transition period in relation to the regulated principal.

10.2.76  References to retail client
 (1) For section 1444 of the Act, this regulation applies if a person acquired a financial product before the FSR commencement.
 (2) Subject to subregulation (3), the person is taken to have acquired the financial product as a retail client.
 (3) The person is taken to have acquired the product as a wholesale client if:
 (a) the person would not have acquired the product as a retail client if the product had been acquired at the FSR commencement; or
 (b) the person would not have acquired the product as a retail client if the Act had applied at the time when the product was acquired.

10.2.77  References to issue of product
  For section 1444 of the Act, a reference in subsection 1438(1) of the Act to financial products in a class of products that are first issued by a person after the FSR commencement does not include financial products in a class of products if the person who is, or will be, the product issuer first made an offer to issue a financial product in that class of products before the FSR commencement.

10.2.78  References to Product Disclosure Statement: offer previously accepted
 (1) For section 1444 of the Act, this regulation applies:
 (a) if a person:
 (i) made an offer to the issuer or seller of a financial product, before Division 2 of Part 7.9 of the Act began to apply to the financial product, that involves the person, or another person, acquiring the financial product;