Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 10.2.120A

Continuation of RSA Regulations during transition period

             (1)  For section 1444 of the Act, this regulation applies in relation to a financial product:

                     (a)  to which the RSA Act applied immediately before the FSR commencement; and

                     (b)  for which a transition period exists.

             (2)  The following provisions of the RSA Regulations, as in force immediately before the FSR commencement, continue to apply in relation to the financial product:

                     (a)  Division 2.1;

                     (b)  regulation 2.09;

                     (c)  Divisions 2.3, 2.4, 2.5, 2.7 and 2.8;

                     (d)  regulation 3.07;

                     (e)  regulation 3.09 (other than paragraphs 3.09(a) and (c));

                      (f)  regulation 4.32;

                     (g)  regulation 4.33;

                     (h)  regulation 6.12.

             (3)  Subregulation (2) ceases to apply in relation to the financial product at the end of the transition period for the financial product.



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