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CORPORATIONS ACT 2001 - SECT 1689G

Saving of existing regulations that are not to be remade

Meaning of class and kind of financial products and financial services

  (1)   Regulations that:

  (a)   were made for the purposes of section   761CA; and

  (b)   were in force immediately before the commencement time;

have effect at and after the commencement time as if the regulations had been made for the purposes of section   761CA, as amended by Schedule   2 to the Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 .

Meaning of derivative

  (2)   Regulations that:

  (a)   were made for the purposes of subsection   761D(2) or paragraph   761D(3)(d); and

  (b)   were in force immediately before the commencement time;

have effect at and after the commencement time as if the regulations had been made for the purposes of subsection   761D(2) or paragraph   761D(3)(d) (as the case requires), as amended by Schedule   2 to the Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 .

Meaning of acquire , issue and provide

  (3)   Regulations that:

  (a)   were made for the purposes of subsection   761E(7); and

  (b)   were in force immediately before the commencement time;

have effect at and after the commencement time as if the regulations had been made for the purposes of subsection   761E(7), as amended by Schedule   2 to the Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 .

Meaning of financial product

  (4)   Regulations that:

  (a)   were made for the purposes of paragraph   764A(1)(m) or subsection   764A(3); and

  (b)   were in force immediately before the commencement time;

have effect at and after the commencement time as if the regulations had been made for the purposes of paragraph   764A(1)(m) or subsection   764A(3) (as the case requires), as amended by Schedule   2 to the Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 .

Regulations about excess money in regulated funds

  (5)   Regulations that:

  (a)   were made for the purposes of section   892G; and

  (b)   were in force immediately before the commencement time;

have effect at and after the commencement time as if the regulations had been made for the purposes of section   892G, as amended by Schedule   2 to the Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 .

Note:   That Schedule replaces the term regulated fund with the term Part   7.5 regulated fund.

Meaning of foreign recognition scheme

  (6)   Regulations that:

  (a)   were made for the purposes of the definition of foreign recognition scheme in subsection   1200A(1); and

  (b)   were in force immediately before the commencement time;

have effect at and after the commencement time as if the regulations had been made for the purposes of the definition of foreign recognition scheme in subsection   1200A(1), as inserted by Schedule   2 to the Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 .

Meaning of recognised jurisdiction

  (7)   Regulations that:

  (a)   were made for the purposes of the definition of recognised jurisdiction in subsection   1200A(1); and

  (b)   were in force immediately before the commencement time;

have effect at and after the commencement time as if the regulations had been made for the purposes of the definition of recognised jurisdiction in subsection   1200A(1), as inserted by Schedule   2 to the Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 .


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