Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_1013d:p2
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 1013D (pt 2/2)
Character Range: 557025–559013

and
 (k) any other statements or information required by the regulations; and
 (l) if the product has an investment component—the extent to which labour standards or environmental, social or ethical considerations are taken into account in the selection, retention or realisation of the investment.

 (2) For the purposes of paragraph (1)(d), an amount will or may be payable in respect of a financial product by the holder of the financial product if:
 (a) the holder will or may have to pay an amount in respect of the product; or
 (b) an amount will or may be deducted from:
 (i) a payment to be made by the holder; or
 (ii) a payment to be made to the holder; or
 (iii) an amount held on the holder's behalf under the financial product; or
 (c) an account representing the holder's interest in the financial product will or may be debited with an amount.
It includes an amount that the holder will or may have to pay, or that will or may be deducted or debited, as a fee, expense or charge in relation to a particular transaction in relation to the financial product.

 (2A) For the purposes of paragraph (1)(l), products which have an investment component include superannuation products, managed investment products and investment life insurance products.

 (3) Subsection (1) requires information to be included in the Product Disclosure Statement only to the extent to which the requirement is applicable to the financial product. The Product Disclosure Statement does not need to indicate that a particular requirement is not applicable to the financial product.

 (4) The regulations may:
 (a) provide that a provision of subsection (1) does not apply in a particular situation; or
 (b) provide that particular information is not required by a provision of subsection (1), either in a particular situation or generally; or
 (c) provide a more detailed statement of the information that is required by a provision of subsection (1), either in a particular situation or generally.