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CORPORATIONS REGULATIONS 2001 - REG 7.9.63 Confirmation of transactions: precise costs of transaction not known

CORPORATIONS REGULATIONS 2001 - REG 7.9.63

Confirmation of transactions: precise costs of transaction not known

  (1)   For subparagraph   1017F(8)(c)(iii) of the Act, the confirmation of a transaction of a financial product is not required to include details of the amount payable by the holder of the financial product if the amount is not known at the time of the confirmation.

  (2)   For subparagraph   1017F(8)(c)(iv) of the Act, the confirmation of a transaction of a financial product is not required to give details of the taxes and stamp duties payable in relation to the transaction if the amount of the taxes and stamp duties is not known at the time of the confirmation.

  (3)   For paragraph   1017F(9)(c) of the Act, section   1017F of the Act is modified in relation to its application to a transaction of a financial product as set out in Part   15 of Schedule   10A.

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