Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 7.7.10

                For paragraph 946B (5) (c) of the Act, the following are prescribed:

                (a)    a deposit product that is a facility in relation to which:

                          (i)    there is no minimum period before which funds cannot be withdrawn or transferred from the facility without a reduction in the return generated for the depositor; or

                         (ii)    if there is such a period, it expires on or before the end of the period of 2 years starting on the day on which funds were first deposited in the facility;

               (b)    travellers' cheques;

                (c)    a cash management trust interest;

               (d)    a motor vehicle insurance product (see regulation 7.1.11);

                (e)    a home building insurance product (see regulation 7.1.12);

                (f)    a home contents insurance product (see regulation 7.1.13);

               (g)    a travel insurance product (see regulation 7.1.16);

               (h)    a personal and domestic property insurance product (see regulation 7.1.17);

                (i)    a general insurance product prescribed by regulations made for the purposes of subparagraph 761G (5) (b) (viii) (see regulation 7.1.17A);

                (j)    a capital guaranteed FHSA product.