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CORPORATIONS ACT 2001 - SECT 1440

Continued application of certain provisions of old disclosure regimes during transition period

                   During the transition period (if any) for a financial product, the following provisions continue to apply, despite their repeal or amendment, to and in relation to the financial product:

                     (a)  if the product is a managed investment product--all the provisions of Chapter 6D of the old Corporations Act, other than section 722 of that Act, and any associated provisions;

                     (b)  if the product is a derivative-- section 1210 of the old Corporations Act, and any associated provisions;

                     (c)  if the product is a superannuation product--the following provisions, and any associated provisions:

                              (i)  section 153, and all the provisions of Divisions 3 and 4 of Part 19, of the Superannuation Industry (Supervision) Act 1993 as in force immediately before the FSR commencement;

                             (ii)  the section 153A of that Act that was provided for in Modification Declaration no. 15 as in force immediately before the FSR commencement, being a declaration of modification made under section 332 of that Act;

                     (d)  if the product is an RSA product-- section 51, and all the provisions of Divisions 4 and 5 of Part 5, of the Retirement Savings Accounts Act 1997 as in force immediately before the FSR commencement, and any associated provisions;

                     (e)  if the product is an insurance product--sections 71A and 73 of the Insurance Contracts Act 1984 as in force immediately before the FSR commencement, and any associated provisions.



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