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CORPORATIONS ACT 2001 - SECT 1010B Part does not apply to financial products not issued in the course of a business

CORPORATIONS ACT 2001 - SECT 1010B

Part does not apply to financial products not issued in the course of a business

  (1)   Apart from Division   5A, nothing in this Part applies in relation to a financial product that is not or was not issued, or that will not be issued, in the course of a business of issuing financial products.

  (2)   For this purpose, the issue of:

  (a)   any managed investment product; or

  (aa)   any foreign passport fund product; or

  (b)   any superannuation product;

is taken to occur in the course of a business of issuing financial products.