CORPORATIONS REGULATIONS 2001 - REG 7.7.10AB Financial services guide--contents of guide

CORPORATIONS REGULATIONS 2001 - REG 7.7.10AB

Financial services guide given by financial services licensee

  (1)   For paragraph   951C(1)(c) of the Act, Part   7.7 of the Act applies as if paragraph   942B(2)(c) of the Act were omitted and the following paragraph were substituted:

  "(c)   either:

  (i)   information about the financial services (the authorised services ) that the providing entity will be, or is likely to be, providing to the client, and the kinds of financial products to which those services relate; or

  (ii)   information about the kinds of financial services (the authorised services ) that the providing entity is authorised by its licence to provide, and the kinds of financial products to which those services relate; and".

Financial services guide given by authorised representative

  (2)   For paragraph   951C(1)(c) of the Act, Part   7.7 of the Act applies as if paragraphs 942C(2)(c), (d) and (e) of the Act were omitted and the following paragraphs were substituted:

  "(c)   either:

  (i)   information about the financial services (the authorised services ) that the providing entity will be, or is likely to be, providing to the client, and the kinds of financial products to which those services relate; or

  (ii)   information, in relation to the authorising licensee or each of the authorising licensees, about the kinds of financial services (the authorised services ) that the providing entity provides as representative of the authorising licensee, and the kinds of financial products to which those services relate; and

  (d)   information about who the authorising licensee, or each of the authorising licensees, acts for when the authorised services are provided on their behalf by the providing entity; and

  (e)   a statement:

  (i)   setting out the name and contact details of the authorising licensee, or of each of the authorising licensees, mentioned in paragraph   (d); and

  (ii)   stating that the providing entity is the authorised representative of that licensee or those licensees; and".