Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:10a_1013l:p15
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 10A cl 1013L (pt 15/17)
Character Range: 2255976–2258825

custodial arrangement, being an acquisition:
 (a) by way of issue by the issuer (the regulated person); or
 (b) pursuant to a sale by a person (the regulated person) in circumstances:
 (i) described in subsection 1012C(5) or (8); or
 (ii) to which subsection 1012B(3), 1012C(3) or 1012C(6) would apply if those subsections were applicable in relation to a carbon unit, an Australian carbon credit unit or an eligible international emissions unit.

19.6  Subsection 1012IA(2), subheading
substitute

Obligation on provider to inform client about statements on Clean Energy Regulator's website

19.7  Subsection 1012IA(2)
omit
must give the client a Product Disclosure Statement for the product if a Product Disclosure Statement for the product would
insert
must inform the client that the client should consider each statement about the carbon unit that is published on the website of the Clean Energy Regulator as mentioned in section 202 of the Clean Energy Act 2011, or each statement about the Australian carbon credit unit that is published on the website of the Clean Energy Regulator as mentioned in section 162 of the Carbon Credits (Carbon Farming Initiative) Act 2011, or each statement about the eligible international emissions unit that is published on the website of the Clean Energy Regulator as mentioned in section 61 of the Australian National Registry of Emissions Units Act 2011, if the statement would

19.8  Subsection 1012IA(3), subheading
substitute

Determining whether client should be informed about statements on Clean Energy Regulator's website for an equivalent direct acquisition

19.9  Subsection 1012IA(3)
omit
give the client a Product Disclosure Statement for the financial product
insert
inform the client that the client should consider each statement about the carbon unit that is published on the website of the Clean Energy Regulator as mentioned in section 202 of the Clean Energy Act 2011, or each statement about the Australian carbon credit unit that is published on the website of the Clean Energy Regulator as mentioned in section 162 of the Carbon Credits (Carbon Farming Initiative) Act 2011, or each statement about the eligible international emissions unit that is published on the website of the Clean Energy Regulator as mentioned in section 61 of the Australian National Registry of Emissions Units Act 2011

19.10  Paragraph 1017E(1)(b)
substitute
 (b) a seller (the product provider) of a carbon unit in relation to which the seller has informed the client that the client should consider each statement about the carbon unit that is published on the website of the Clean Energy Regulator as mentioned in section 202 of the Clean Energy Act 2011; or
 (ba) a seller (the product provider) of an Australian carbon credit unit in relation to which the seller has informed the client that the client