Document ID: chunk:federal_register_of_legislation:F2022N00122:body:0:p3
Version: federal_register_of_legislation:F2022N00122
Segment Type: other
Provision Reference: 
Character Range: 5269–6337

the body is responsible; and
       (c) section 911A of the Act for the provision of a financial service where:
           (i) the service consists of any or all of the following:
              (A) providing financial product advice;
              (B) dealing in financial products;
              (C) providing custodial or depository services;
              (D) claims handling and settling services; and
           (ii) the service is only provided to the extent reasonably necessary for the maintenance or operation of a fidelity or indemnity scheme for which the body is responsible.

6 Conditions
    The relevant eligible law society must make available on its Internet website in a manner reasonably likely to come to the attention of a person seeking information on the site about the fidelity or indemnity scheme, a prominent notice to the effect that the body is exempt from the requirement to hold an Australian financial services licence under the Act in relation to the operation of the scheme and the scheme is not regulated under the Insurance Act 1973.