Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:15:p2
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 15 (pt 2/73)
Character Range: 1694407–1697164

section 1444 of the Act, subparagraphs 7.6.01(1)(e)(iii) and (iv) and subparagraph 7.6.01(1)(o)(iv) do not apply in relation to a regulated principal and its regulated activities.
 (4) This regulation ceases to apply in relation to a regulated principal and its regulated activities at the end of the period of 2 years starting on the FSR commencement.

10.2.41  Reference to second principal: section 911B of the Act
 (1) For section 1444 of the Act, subparagraph 911B(1)(b)(iv) of the Act does not apply if the second principal is a regulated principal.
 (2) Subregulation (1) ceases to apply in relation to a regulated principal at the end of the transition period in relation to the regulated principal.

10.2.42  Reference to financial services licensee: section 916D of the Act
 (1) For section 1444 of the Act, section 916D of the Act is taken to prohibit a regulated principal from being the authorised representative of a financial services licensee if the authorisation would authorise the regulated principal to provide financial services that are within the regulated principal's regulated activities.
 (2) Subregulation (1) ceases to apply in relation to the regulated principal at the end of the transition period in relation to the regulated principal.

10.2.43  Status of insurance agent: section 1436A of the Act
  For section 1436A of the Act, and to avoid doubt, if an insurer is:
 (a) a financial services licensee; and
 (b) a principal mentioned in paragraph 1436A(2)(d) in relation to an insurance agent mentioned in paragraph 1436A(2)(a);
the insurance agent is taken not to be a representative of the insurer under section 910A of the Act.

10.2.44A  Obligation to cite licence number in documents
 (1) This regulation applies if:
 (a) a person who has not been granted a financial services licence prepares any document in connection with the provision of financial services or the business of providing financial services; and
 (b) the document does not include a licence number for the person; and
 (c) the person is granted a licence after preparing the document.
 (2) For section 1444 of the Act, section 912F of the Act does not apply to the document.
 (3) If the document is a periodic statement under section 1017D of the Act, subregulation (2) ceases to apply at the end of 3 years after the FSR commencement.
 (4) If the document is not a periodic statement under section 1017D of the Act, subregulation (2) ceases to apply at the end of 2 years after the FSR commencement.

10.2.46  When Australian financial services licence may be granted
 (1) For section 1444 of the Act, on and after the FSR commencement:
 (a) section 913B of the Act is taken to authorise ASIC to specify, in an Australian financial services licence,