Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:3:p38
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 3 (pt 38/43)
Character Range: 797940–800864

comply with an industry code of practice; or
 (ii) comply with the Statement of Principles laid down by the Australian Press Council; or
 (iii) are subject to an internal policy that is approved by the board or governing body of the person; and
 (b) the code, Statement of Principles or policy contains requirements relating to:
 (i) the manner in which financial conflicts of interest are dealt with; or
 (ii) the prevention of financial conflicts of interest.
 (4) Subregulation (1) does not apply in relation to:
 (a) a newspaper or periodical, a transmission made by means of an information service, or a sound recording, video recording or data recording, the principal purpose of which is to report and provide comment on news, and not to provide financial product advice; and
 (b) paid advertising in relation to which a reasonable person is able to distinguish the advertising from other material in the newspaper, periodical, transmission, sound recording, video recording or data recording.
 (5) A reference in subparagraph 911A(2)(eb)(ii) of the Act to transmissions that are generally available to the public includes transmissions provided as part of a subscription broadcasting service within the meaning of the Broadcasting Services Act 1992.
 (6) For paragraph 911A(6)(d) of the Act, each of the following services is an information service:
 (a) a broadcasting service within the meaning of the Broadcasting Services Act 1992;
 (b) a datacasting service within the meaning of the Broadcasting Services Act 1992;
 (c) a service provided by the Internet.
 (7) In this regulation:
associate means:
 (a) in relation to a body corporate—a related body corporate; and
 (b) in relation to an individual—a spouse (including a de facto partner), child, step‑child, parent, step‑parent, brother, half‑brother, sister or half‑sister of the individual.
internal policy includes a code of ethics or editorial guidelines.
material financial benefit means a financial benefit exceeding $10 000 in value.
material financial loss means a financial loss exceeding $10 000 in value.

7.6.01C  Obligation to cite licence number in documents
 (1) For subsection 912F(1) of the Act, the following documents are specified:
 (a) a Financial Services Guide;
 (b) a Supplementary Financial Services Guide;
 (c) a Product Disclosure Statement;
 (d) a Supplementary Product Disclosure Statement;
 (e) a Statement of Advice;
 (f) an application form for an application under section 1016A of the Act;
 (g) a document containing information required by regulations made under section 1017DA of the Act;
 (h) a document prepared for section 1017B of the Act, notifying a person of changes and events;
 (i) a Replacement Product Disclosure Statement.
 (2) On and after 1 July 2004, for subsection 912F(1) of the Act, a periodic statement under section 1017D of the Act is specified.

7.6.02  Alternative dispute resolution systems
 (1) For