Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.1.17B

Retail clients and wholesale clients: aggregation of amounts for price or value of financial product

             (1)  For paragraph 761G(10)(a) of the Act, this regulation applies in relation to a class of financial products that:

                     (a)  are provided by the same product issuer to:

                              (i)  a particular person; or

                             (ii)  an associate of the person; or

                            (iii)  a body corporate controlled and wholly owned by the person; and

                     (b)  are provided at or about the same time.

             (2)  The price for the provision of the financial products may be calculated by:

                     (a)  calculating the total price for the provision of all of the financial products in the class; and

                     (b)  treating the total price as the price for the provision to the particular person of a single financial product.

             (3)  The value of the financial products may be calculated by:

                     (a)  calculating the total value of all of the financial products in the class; and

                     (b)  treating the total value as the value of a single financial product provided to the particular person.



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