Document ID: chunk:federal_register_of_legislation:F2023C00827:reg:2:p10
Version: federal_register_of_legislation:F2023C00827
Segment Type: reg
Provision Reference: reg 2 (pt 10/10)
Character Range: 24924–25857

2020/198);";
 (c) in subsection 984A(1), omit "subsection (2)", substitute "subsections (2) and (4)";
(d) at the end of section 984A, insert:
              "(4)  This Division does not apply to property given to an eligible body (within the meaning of ASIC Corporations (Foreign Financial Services Providers—Foreign AFS Licensees) Instrument 2020/198).";
 (e) in subsection 991E(1) after "the regulations" insert "and subsection (8)";
(f) at the end of section 991E, insert:
              "(8)  Subsection 991E does not apply to a financial product transaction that is entered into outside of this jurisdiction by an eligible body (within the meaning of ASIC Corporations (Foreign Financial Services Providers—Foreign AFS Licensees) Instrument 2020/198).".
Where modification applies
(2) The declaration in subsection (1) applies to an eligible body in relation to the provision by the eligible body of a wholesale financial service.