Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 7.7.06B

         (1)   For paragraph 942C (2) (m) of the Act, the Financial Services Guide given by the authorised representative of a financial services licensee must include a statement about:

                (a)    the kind of compensation arrangements that the licensee has in place; and

               (b)    whether those arrangements satisfy the requirements for compensation arrangements under section 912B of the Act.

         (2)   This regulation commences, for a particular authorised representative, on the date that subregulations 7.6.02AAA (1), (2) and (3) take effect for the financial services licensee for whom he or she is a representative.