Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:15:p47
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 15 (pt 47/73)
Character Range: 1805510–1808400

Continuation of RSA Regulations during transition period
 (1) For section 1444 of the Act, this regulation applies in relation to a financial product:
 (a) to which the RSA Act applied immediately before the FSR commencement; and
 (b) for which a transition period exists.
 (2) The following provisions of the RSA Regulations, as in force immediately before the FSR commencement, continue to apply in relation to the financial product:
 (a) Division 2.1;
 (b) regulation 2.09;
 (c) Divisions 2.3, 2.4, 2.5, 2.7 and 2.8;
 (d) regulation 3.07;
 (e) regulation 3.09 (other than paragraphs 3.09(a) and (c));
 (f) regulation 4.32;
 (g) regulation 4.33;
 (h) regulation 6.12.
 (3) Subregulation (2) ceases to apply in relation to the financial product at the end of the transition period for the financial product.

Division 25B—Transitional matters under relevant old legislation: Superannuation Industry (Supervision) Regulations 1994

10.2.120B  Continuation of SIS Regulations during transition period
 (1) For section 1444 of the Act, this regulation applies in relation to a financial product:
 (a) to which the SIS Act applied immediately before the FSR commencement; and
 (b) for which a transition period exists.
 (2) The following provisions of the SIS Regulations, as in force immediately before the FSR commencement, continue to apply in relation to the financial product:
 (a) Divisions 2.1 and 2.3;
 (b) Subdivisions 2.4.1 and 2.4.2;
 (c) Divisions 2.5, 2.7 and 2.7A;
 (d) Subdivisions 2.8.1, 2.8.3, 2.8.4 and 2.8.5;
 (da) regulation 3.10;
 (e) regulation 4.01;
 (f) regulation 5.12;
 (g) regulation 5.15 (other than paragraphs 5.15(a) and (c));
 (h) regulations 5.17 and 5.22;
 (i) regulation 6.17;
 (j) regulation 6.28;
 (k) regulation 6.29;
 (l) subregulation 13.07(2).
 (3) Subregulation (2) ceases to apply in relation to the financial product at the end of the transition period for the financial product.

Division 27—Transitional matters under the Act (other than Chapter 7)

10.2.122  Solvency and insolvency
  For section 1444 of the Act, a reference in the Act to solvency or insolvency is to be read as if subsections 95A(1) and (2) of the old Corporations Act had not been repealed on the FSR commencement.

10.2.123  Managed investment products held by 100 or more persons
  For section 1444 of the Act, a reference in section 111AFA of the Act to people holding managed investment products in a class of managed investment products includes a person who holds the managed investment product as a result of an offer, relating to securities, that gave rise to an obligation to lodge a disclosure document with ASIC in relation to the securities under Chapter 6D of the old Corporations Act.

10.2.124  When a managed investment scheme must be registered
  For section 1444 of the Act, subsection 601ED(2) of the Act applies in relation to a managed investment scheme as