Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:4:p3
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 4 (pt 3/60)
Character Range: 821084–824208

paragraph 911B(1)(e) of the Act were modified by omitting "911A(2)" and substituting "911A(2), (2A), (2B), (2C), (2D), (2E) or (2F)".

7.6.02A  Obligation to notify ASIC of certain matters
 (1) For paragraph 912D(3)(c) of the Act, the following Commonwealth legislation is specified:
 (a) Australian National Registry of Emissions Units Act 2011;
 (aa) Banking Act 1959;
 (ab) Carbon Credits (Carbon Farming Initiative) Act 2011;
 (b) Financial Sector (Collection of Data) Act 2001;
 (c) Financial Sector (Shareholdings) Act 1998;
 (d) Financial Sector (Transfer and Restructure) Act 1999;
 (e) Insurance Acquisitions and Takeovers Act 1991;
 (f) Insurance Act 1973;
 (g) Insurance Contracts Act 1984;
 (h) Life Insurance Act 1995;
 (i) Retirement Savings Accounts Act 1997;
 (j) Superannuation Industry (Supervision) Act 1993.

Certain breaches not required to be notified
 (2) For the purposes of paragraph 912D(4)(b) of the Act:
 (a) the following civil penalty provisions of the Act are prescribed:
 (i) subsection 798H(1);
 (ii) subsection 901E(1);
 (iia) subsection 921BA(5) in so far as it relates to subsection 921BA(4);
 (iib) subsection 921BB(4);
 (iic) subsection 921E(3);
 (iii) subsection 922M(5);
 (iv) subsection 941A(3);
 (v) subsection 941B(4);
 (va) subsection 943G(3);
 (vb) subsection 943H(4);
 (vc) subsection 943K(2);
 (vd) subsection 943L(2);
 (vii) subsection 962S(5);
 (viii) subsection 962S(8);
 (xi) subsection 981B(3);
 (xii) subsection 981C(2);
 (xiii) subsection 1012A(5);
 (xiv) subsection 1012B(6);
 (xv) subsection 1012C(11);
 (xvi) subsection 1017BA(4B);
 (xvii) subsection 1017BB(5AA);
 (xviii) subsection 1021E(8);
 (xix) subsection 1021G(3);
 (xx) section 1101AC; and
 (b) all civil penalty provisions of Commonwealth legislation that is specified in subregulation (1) are prescribed.

7.6.03  Applying for Australian financial services licence
  For paragraph 913A(a) of the Act, the following information is required as part of an application by person for an Australian financial services licence:
 (a) if the person is a body corporate:
 (i) the person's name (including the person's principal business name, if any); and
 (ii) the name and address of each director; and
 (iii) the name and address of each secretary;
 (b) if the person is applying on behalf of a partnership—the partnership's name and address, and the name of each partner;
 (c) if paragraphs (a) and (b) do not apply—the person's name (including the person's principal business name, if any);
 (d) the person's principal business address;
 (e) if the person has an ABN—the ABN;
 (f) a description of the financial services that the person proposes to provide;
 (g) the arrangements (including a description of systems) by which the person will comply with its general obligations set out in section 912A of the Act;
 (h) any other information that ASIC requires for the purpose of considering the application.

7.6.03A  Australian financial services licence—requirements for a foreign entity to appoint local agent
 (1) For paragraph 913B(1)(d) of the Act, a foreign entity that:
 (a) is not a foreign company; and