Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(a) section 707 of the old Corporations Act applies in relation to managed investment products:
(i) issued before the FSR commencement; and
(ii) sold during the transitional period in relation to the products; and
(b) section 707 of the Act applies in relation to managed investment products:
(i) issued on or after the FSR commencement; and
(ii) sold during the transitional period in relation to the products; and
(c) section 1012C of the Act does not apply in relation to a financial product that is issued before the end of the transition period in relation to the financial product, other than:
(i) a security that is not also a warrant; and
(ii) a managed investment product that is not also a warrant.