CORPORATIONS REGULATIONS 2001 - REG 7.1.17B Retail clients and wholesale clients: aggregation of amounts for price or value of financial product
CORPORATIONS REGULATIONS 2001 - REG 7.1.17B
Retail clients and wholesale clients: aggregation of amounts for price or value of financial product(1) For paragraph 761G(10)(a) of the Act, this regulation applies in relation to a class of financial products that:
(a) are provided by the same product issuer to:
(ii) an associate of the person; or
(iii) a body corporate controlled and wholly owned by the person; and
(b) are provided at or about the same time.
(2) The price for the provision of the financial products may be calculated by:
(a) calculating the total price for the provision of all of the financial products in the class; and
(b) treating the total price as the price for the provision to the particular person of a single financial product.
(3) The value of the financial products may be calculated by:
(a) calculating the total value of all of the financial products in the class; and
(b) treating the total value as the value of a single financial
product provided to the particular person.