Commonwealth Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS REGULATIONS 2001 - REG 7.6.01AA

Persons taken to hold financial services licences covering First Home Saver Accounts

         (1)   For paragraph 926B (1) (c) of the Act, Part 7.6 of the Act applies as if the following subsection were inserted after subsection 911A (6):

           "(7)  The regulations may provide that a financial services licence is taken to cover the provision of financial services specified in the regulations."

         (2)   For subsection 911A (7) of the Act, a person's financial services licence is taken to cover the provision of a financial service in relation to a beneficial interest in an FHSA
trust (within the meaning given in section 18 of the First
Home Saver Accounts Act 2008
) if the licence would cover
the service if it were provided in relation to a superannuation product.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback