Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1012d:p4
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1012D (pt 4/4)
Character Range: 4280437–4281697

meaning of subsection (9D)) with the fund's operator.
 (9D) For the purposes of subsection (9C), the client is associated with the fund's operator if the client is:
 (a) a senior manager of the operator or of a related body corporate; or
 (b) a spouse, parent, child, brother or sister of a person who is a senior manager of the operator or a related body corporate; or
 (c) a body corporate controlled by a person referred to in paragraph (a) or (b).

Interpretation
 (10) For the purposes of this section:
 (a) a financial product (other than a managed investment product, a foreign passport fund product or a superannuation product) is of the same kind as another financial product only if they are both issued:
 (i) by the same issuer; and
 (ii) on the same terms and conditions (other than price); and
 (b) a managed investment product, a foreign passport fund product or a superannuation product is of the same kind as another product only if the other product is an interest in the same scheme or fund; and
 (c) a reference to information that a Product Disclosure Statement would be required to contain includes a reference to information that would be required to be in any statement that the Product Disclosure Statement would be required to contain.