Commonwealth Consolidated Regulations

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

CORPORATIONS REGULATIONS 2001 - REG 7.1.07B

Specific things that are not financial products: bank drafts

    For paragraph   765A(1)(y) of the Act, a bank draft, including (but not limited to):

  (a)   a cheque drawn by a financial institution on itself; or

  (b)   a cheque drawn by a financial institution on a financial institution other than itself;

is not a financial product.

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback