Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1544

Transitional--variation of conditions on Australian financial services licences

Scope

             (1)  This section applies if, as at the end of the designated carbon unit day, an Australian financial services licence is subject to a condition that authorises the financial services licensee to provide financial services in relation to financial products that are carbon units.

Variation

             (2)  After that day, subsections 914A(3), (4) and (5) do not apply in relation to a variation of the condition, if the only effect of the variation is to remove the authorisation to provide financial services in relation to financial products that are carbon units.



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