Document ID: chunk:federal_register_of_legislation:F2020L01338:body:0:p8
Version: federal_register_of_legislation:F2020L01338
Segment Type: other
Provision Reference: 
Character Range: 17821–18638

money account by the CFD issuer in relation to a dealing in a CFD by the retail client;
            (c)  derivative retail client property held for the benefit of the retail client and in relation to the CFD trading account.

8 CFD issuers to notify retail clients of the product intervention order
 A CFD issuer that has issued a CFD to a retail client in the period of 12 months before commencement of this instrument in circumstances which would be covered by the conditional prohibition in subsection 5(1) (assuming that the issue occurred at a time when the conditional prohibition was in force under subsection 5(5)) must take reasonable steps to notify each such retail client of the terms of this instrument as soon as practicable and in any case within 10 business days after commencement of this instrument.