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CORPORATIONS REGULATIONS 2001 - REG 10.2.202 Documents equivalent to Product Disclosure Statement

CORPORATIONS REGULATIONS 2001 - REG 10.2.202

Documents equivalent to Product Disclosure Statement

  (1)   For section   1444 of the Act, a reference in paragraph   949A(2)(c) of the Act to a Product Disclosure Statement includes:

  (a)   in relation to a managed investment product to which Division   2 of Part   7.9 of the Act does not yet apply--a disclosure document for the product; and

  (b)   in relation to a derivative to which Division   2 of Part   7.9 of the Act does not yet apply--information mentioned in section   1210 of the old Corporations Act; and

  (c)   in relation to a superannuation product to which Division   2 of Part   7.9 of the Act does not yet apply--information mentioned in section   153 or 159 of the SIS Act, as in force immediately before the FSR commencement; and

  (d)   in relation to an RSA product to which Division   2 of Part   7.9 of the Act does not yet apply--information mentioned in section   56 of the RSA Act, as in force immediately before the FSR commencement.

  (2)   For section   1444 of the Act, subsection   949A(2) of the Act applies in relation to a financial product:

  (a)   to which Division   2 of Part   7.9 of the Act does not apply; and

  (b)   that is not mentioned in subregulation   (1);

as if paragraph   949A(2)(c) were omitted.

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