Document ID: chunk:federal_register_of_legislation:C2025C00185:section:742:p22
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 742 (pt 22/24)
Character Range: 2962437–2965472

not liable merely because of licensee's contravention
981H Money to which Subdivision applies taken to be held in trust
Subdivision AA—Client money reporting rules
981J Client money reporting rules
981K Matters that may be dealt with in client money reporting rules
981L ASIC to consult before making rules
981M Complying with client money reporting rules
981N Alternatives to civil proceedings
981P Compliance with requirements to provide data or other information to ASIC: protection from liability
Subdivision B—Loan money
982A Money to which this Subdivision applies
982B Obligation to pay money into an account
982C Licensee to give client statement setting out terms of loan etc.
982D Permitted use of loan
Subdivision C—Powers of Court
983A Court may freeze certain accounts
983B Interim order freezing accounts
983C Duty of person to whom order directed to make full disclosure
983D Further orders and directions
983E Power of Court to make order relating to payment of money
Division 3—Dealing with other property of clients
984A Property to which Division applies
984B How property to which this Division applies is to be dealt with
Division 4—Special provisions relating to insurance
985A Meaning of contract of insurance and insured
985B Status of amounts paid to financial services licensees in respect of contracts of insurance
985C Regulations may impose other requirements etc. if financial services licensee is not the insurer
985D Financial services licensees etc. not to deal in general insurance products from unauthorised insurers etc.
Division 4A—Special provisions relating to margin lending facilities
Subdivision A—Responsible lending conduct for margin lending facilities
985EA Application of this Subdivision
985E Requirements before issuing etc. margin lending facility
985F Assessment of unsuitability of margin lending facility
985G Reasonable inquiries etc. about the retail client
985H When margin lending facility must be assessed as unsuitable
985J Giving the retail client the assessment
985K Unsuitable margin lending facilities
Subdivision B—Notice of margin calls under margin lending facilities
985L Issue of margin lending facility must not be conditional on agreement to receive communications through agent
985M Notification of margin calls
Division 5—Obligations to report
986A Reporting in relation to money to which Subdivision A or B of Division 2 applies or property to which Division 3 applies
986B Reporting in relation to dealings in derivatives
Division 6—Financial records, statements and audit
Subdivision A—Preliminary
987A Application of Division
Subdivision B—Financial records of financial services licensees
988A Obligation to keep financial records
988B Records to be kept so that profit and loss statements and balance sheet can be prepared and audited
988C Language of records
988D Location of records
988E Particular categories of information to be shown in records
988F Regulations may impose additional requirements
988G Records taken to be made with licensee's authority