Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This regulation applies if ASIC makes a determination under subsection 601WBA(1) of the Act that there is to be a transfer of estate assets and liabilities from a transferring company to a receiving company.
(2) For the purposes of section 601SAB of the Act, the obligations of the receiving company include the provision to retail clients of access to the following in relation to a complaint arising from the provision of traditional trustee services by the transferring company:
(a) the arrangements for compensation the receiving company is required to have under subsection 912B(1) of the Act;
(b) the dispute resolution system the receiving company is required to have under subparagraph 912A(1)(g)(i) of the Act.