Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 10.2.120A

Continuation of RSA Regulations during transition period

  (1)   For section   1444 of the Act, this regulation applies in relation to a financial product:

  (a)   to which the RSA Act applied immediately before the FSR commencement; and

  (b)   for which a transition period exists.

  (2)   The following provisions of the RSA Regulations, as in force immediately before the FSR commencement, continue to apply in relation to the financial product:

  (a)   Division   2.1;

  (b)   regulation   2.09;

  (c)   Divisions   2.3, 2.4, 2.5, 2.7 and 2.8;

  (d)   regulation   3.07;

  (e)   regulation   3.09 (other than paragraphs 3.09(a) and (c));

  (f)   regulation   4.32;

  (g)   regulation   4.33;

  (h)   regulation   6.12.

  (3)   Subregulation (2) ceases to apply in relation to the financial product at the end of the transition period for the financial product.



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