Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The repeal of section 963D by item 91 of Part 4 of Schedule 1 to the Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 applies to a benefit given to a financial services licensee, or a representative of a financial services licensee, under an arrangement if:
(a) the arrangement was entered into on or after the day (the deferred start day ) that is 6 months after the commencement of that Part; or
(b) all of the following apply:
(i) the arrangement was varied on or after the deferred start day;
(ii) the variation related to the giving of benefits under the arrangement;
(iii) the benefit is given on or after the deferred start day.
(2) The repeal of that section also applies to a benefit if:
(a) the benefit is given to a financial services licensee, or a representative of a financial services licensee, otherwise than under an arrangement; and
(b) the benefit is given on or after the deferred start day.