Document ID: chunk:federal_register_of_legislation:F2020L01600:body:0:p3
Version: federal_register_of_legislation:F2020L01600
Segment Type: other
Provision Reference: 
Character Range: 5689–7072

a new target market determination in accordance with section 994B.";
           (c) omit subsections 994C(3) to (7);
           (d) omit section 994D;
           Distribution of financial products
           (e) omit subsection 994E(3);
Record keeping and notification obligations—other regulated persons
           (f) omit paragraph 994F(2)(b), substitute:
                  "(b) the product is able to be traded on a licensed market; and";
           (g) omit paragraph 994F(3)(b);
           (h) in paragraph 994F(3)(d) omit "subsections (4), (5) or (6)", substitute "subsections (4) or (5)";
           (i) omit subsection 994F(6).
(2) Part 7.8A of the Regulations applies in relation to exchange traded products as if subregulation 7.8A.09(1) were modified or varied as follows:
           (a) omit paragraph (c), substitute:
                  "(c) the issuer issued the product with the purpose mentioned in subparagraph 707(3)(b)(i) or 1012C(6)(c)(i) of the Act;"
           (b) omit the Note, substitute:
                "Note: Subsections 707(4) and 1012C(7) of the Act affect whether the issuer is taken to have a particular purpose.".

6 Application
    Subsection 5(1) of this instrument does not apply to an exchange traded product to the extent the product is on offer for acquisition by issue, or for regulated sale, to retail clients other than on a licensed market.