Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:8c_3
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 8C cl 3
Character Range: 2147391–2148108

3  Subsection 881A(2)
substitute
 (1A) If:
 (a) compensation arrangements under Division 4 apply to only some financial products acquired or disposed of through a licensed market; and
 (b) paragraphs (1)(a) and (b) are satisfied for the other products acquired or disposed of through the licensed market;
there must be compensation arrangements in relation to the other products that are approved in accordance with Division 3.
 (2) The compensation regime that applies to a financial market is:
 (a) for a financial product to which Division 3 applies—the compensation regime constituted by Division 3; and
 (b) for a financial product to which Division 4 applies—the compensation regime constituted by Division 4.