CORPORATIONS ACT 2001 - SECT 1526 Definitions

CORPORATIONS ACT 2001 - SECT 1526

  (1)   In this Part:

"amending Act" means the Corporations Amendment (Further Future of Financial Advice Measures) Act 2012 .

"custodial arrangement" has the same meaning as it has in subsection   1012IA(1), subject to subsection   (2).

"platform operator" means the provider of a custodial arrangement, or custodial arrangements.

"provider" , in relation to a custodial arrangement, has the same meaning as in subsection   1012IA(1).

  (2)   The definition of custodial arrangement in subsection   1012IA(1) is to be read as if the reference in that definition to an instruction included a reference to:

  (a)   a direction of the kind mentioned in paragraph   58(2)(d) or (da) of the Superannuation Industry (Supervision) Act 1993 that will involve the acquisition of a particular financial product, or a financial product of a particular kind; and

  (b)   a direction of the kind mentioned in subsection   52B(4) of the Superannuation Industry (Supervision) Act 1993 that will involve the acquisition of a particular financial product, or a financial product of a particular kind.