Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:7:p28
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 7 (pt 28/39)
Character Range: 1173097–1175961

the definition of relevant superannuation entity in subsection 1016A(1) of the Act, a public offer superannuation entity is specified.

7.9.06B  Application forms
 (1) For paragraph 1016A(2)(f) of the Act, the following situation in which a restricted issue occurs is prescribed:
 (a) the financial product is a superannuation product;
 (b) the interest is issued by the trustee of a public offer superannuation entity in relation to the payment of benefits to the entity:
 (i) from an exempt public sector superannuation scheme; and
 (ii) in accordance with an application made under the provisions of section 243 of the SIS Act, as applied by subregulation (2) (the applied provisions);
 (c) if the application is the first application under the applied provisions made to the trustee of the public offer superannuation entity by the trustee of the exempt public sector superannuation scheme on behalf of any person—the application is an eligible application.
 (2) For paragraph (1)(b), section 243 of the SIS Act applies in relation to the payment of benefits from the exempt public sector superannuation scheme to a public offer superannuation entity as if:
 (a) a reference in that section to a transferor fund were a reference to the exempt public sector superannuation scheme; and
 (b) a reference in that section to an eligible rollover fund were a reference to the public offer superannuation entity.

Subdivision 2.5—Product Disclosure Statement for insurance options

7.9.07  Modification of Act: Product Disclosure Statement in relation to insurance options
  For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act is modified in its application in relation to a superannuation entity or an RSA as set out in Part 3 of Schedule 10A.

Division 2A—Product Disclosure Statement for warrants

7.9.07A  Warrants
 (1) This regulation applies in relation to warrants.
 (2) For paragraph 1020G(2)(a) of the Act, section 1010A of the Act is modified by adding after subsection 1010A(1):
 '(1A) Despite subsection (1), this Part applies in relation to a financial product to which regulation 7.9.07A of the Corporations Regulations 2001 applies.'.
 (3) For paragraph 761E(7)(a) of the Act, if the financial product is entered into, or acquired, on a financial market through an arrangement made by a financial services licensee acting on behalf of another person:
 (a) the financial services licensee is not taken to be the issuer of the financial product; and
 (b) the warrant issuer is taken to be the issuer of the financial product.
 (4) For paragraph 761E(7)(a) of the Act, if the financial product is entered into, or acquired, on a financial market through an arrangement made by an authorised representative of a financial services licensee acting on behalf of another person (not being the licensee):
 (a) the financial services licensee is not taken