Document ID: chunk:federal_register_of_legislation:F2021C01046:body:0:p4
Version: federal_register_of_legislation:F2021C01046
Segment Type: other
Provision Reference: 
Character Range: 7973–9905

with subsection 601ED(5) of the Act in relation to an interests not for money scheme.
(2) A person providing financial services in relation to an interest in an interests not for money scheme does not have to comply with subsection 911A(1) of the Act.
(3)  A person does not have to comply with section 992A and Part 7.9 of the Act in relation to an offer, issue or recommendation to acquire an interest in an interests not for money scheme.

7 Show scheme

Exemptions
(1) A person does not have to comply with subsection 601ED(5) of the Act in relation to a show scheme.
       (2) A person providing financial services in relation to an interest in a show scheme does not have to comply with subsection 911A(1) of the Act.
       (3)  A person does not have to comply with section 992A and Part 7.9 of the Act in relation to an offer, issue or recommendation to acquire an interest in a show scheme.

Endnotes

Endnote 1—Instrument history

Instrument number  Date of FRL registration     Date of commencement  Application, saving or transitional provisions
2016/1107          2/12/2016 (see F2016L01855)  6/12/2016
2017/65            23/3/2017 (see F2017L00284)  24/3/2017             -
2021/799           22/9/2021 (see F2021L01310)  5/10/2021             -

Endnote 2—Amendment history
ad. = added or inserted     am. = amended     LA = Legislation Act 2003    rep. = repealed     rs. = repealed and substituted
Provision affected                                                       How affected
Section 2                                                                rep. s48D LA
Section 4 (definition of interests not for money scheme, paragraph (b))  rs. 2017/65
Subsection 5(3)                                                          am. 2021/799
Subsection 6(3)                                                          am. 2021/799
Subsection 7(3)                                                          am. 2021/799