Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:4:p43
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 4 (pt 43/60)
Character Range: 931078–934045

it:
 (a) appears at, or close to, the front of the Financial Services Guide; and
 (b) stands out from the other information contained in the Guide.
Note: Ideally, the statement should be placed:
(a) on the inside cover or inside facing page of a paper‑based Financial Services Guide form; or
(b) in an equivalent position of a Financial Services Guide that is not provided in a paper‑based form.

7.7.06A  Financial Services Guide given by authorised representative of financial services licensee—licence number
  For paragraph 942C(2)(m) of the Act, a providing entity that is an authorised representative of a financial services licensee must include the licensee's licence number in a Financial Services Guide given to a client.
Note: This regulation is also relevant to website disclosure information made available in accordance with Division 2A of Part 7.7 of the Act (see paragraph 943J(b) of the Act).

7.7.06B  Financial Services Guide given by authorised representative of financial services licensee: arrangements for compensation
 (1) For paragraph 942C(2)(m) of the Act, the Financial Services Guide given by the authorised representative of a financial services licensee must include a statement about:
 (a) the kind of arrangements for compensation that the licensee has in place; and
 (b) whether those arrangements satisfy the requirements under section 912B of the Act for arrangements for compensation.
Note: This regulation is also relevant to website disclosure information made available in accordance with Division 2A of Part 7.7 of the Act (see paragraph 943J(b) of the Act).
 (2) This regulation commences, for a particular authorised representative, on the date that subregulations 7.6.02AAA(1), (2) and (3) take effect for the financial services licensee for whom he or she is a representative.

7.7.07  Financial Services Guide given by authorised representative of financial services licensee: remuneration, commission and benefits
 (1) For paragraph 942C(2)(m) of the Act, the Financial Services Guide given by an authorised representative of a financial services licensee must include information, to the extent that the information is able to be ascertained at the time the Financial Services Guide is given to the client, about all remuneration (including commission) and other benefits that a person (person 1) has received, or is to receive, for referring another person to:
 (a) the authorised representative; or
 (b) the financial services licensee.
Note: This regulation is also relevant to website disclosure information made available in accordance with Division 2A of Part 7.7 of the Act (see paragraph 943J(b) of the Act).

Overview of regulation
 (2) For paragraph 942C(4)(c) of the Act, the information required in particular situations by paragraph 942C(2)(f) in relation to persons mentioned in paragraph 942C(2)(f) or person 1 (see subregulation (1)) is as set out in subregulations (3), (4) and (5).

If remuneration is