Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:3:p9
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 3 (pt 9/19)
Character Range: 1393956–1396791

transaction:
 (a) that is the acquisition of a financial product to which:
 (i) regulation 7.9.14, 7.9.66 or 7.9.68 applies; and
 (ii) to which regulation 7.9.64 does not apply; or
 (b) relating to an RSA to which subsection 1012I(2) of the Act applies, other than:
 (i) an acquisition to which subsection 52(5) of the RSA Act applies; or
 (ii) a transaction in which the product holder disposes of the holder's interest in the product before the time that confirmation of the acquisition is required under section 1017F of the Act.
 (2) The confirmation of the transaction must identify information about any cooling‑off regime that applies in respect of acquisitions of the product (whether the regime is provided for by a law or otherwise).

7.9.63E  Confirmation of transaction—facility that provides written confirmation
  For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act applies to all financial products and transactions as if subsection 1017F(5) of the Act were modified by omitting:
  'An arrangement under which the holder may request or require another person to provide a confirmation does not count as a facility that satisfies paragraph (b).'
  and inserting:
  'An arrangement under which the holder may request or require another person (other than the responsible person or a person acting on behalf of the responsible person) to provide a confirmation does not count as a facility that satisfies paragraph (b).'.

7.9.63F  Confirmation of transaction—acquisition of financial product
 (1) For subparagraph 1017F(8)(c)(iii) of the Act, this regulation applies in relation to the confirmation of a transaction that is the acquisition of a financial product.
 (2) The details of the transaction relating to the amount paid or payable by the holder in relation to the transaction need include only the amount the holder is required to pay to acquire the product.

7.9.63G  Confirmation of transaction—disposal of financial product
 (1) For paragraph 1017F(8)(d) of the Act, this regulation applies in relation to the confirmation of a transaction that is the disposal of a financial product.
 (2) The confirmation must include the amount paid or payable to the holder as a result of the disposal.

7.9.63H  Certain product issuers and regulated persons must meet appropriate dispute resolution requirements—self managed superannuation funds
  For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act applies in relation to a self managed superannuation fund as if section 1017G of the Act were omitted.

7.9.63I  Confirmation of transaction in electronic form
 (1) For subparagraph 1017F(6)(a)(ii) of the Act, a confirmation of a transaction that is to be given in electronic form must, as far as practicable, be presented in a way that will allow the person to whom it is given to keep a copy of it so that the