Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.6.02AD

Modification of section 761G of the Act: meaning of retail client and wholesale client

    For the provisions of the Act set out in column 2 of the following table, the Parts of the Act specified in column 3 apply as if section   761G of the Act were modified by inserting after subsection   761G(4), the following subsection:

  "(4A)   If a financial product, or a financial service, is or would be provided to, or acquired by, a body corporate as a wholesale client, related bodies corporate of the client are taken to be wholesale clients in respect of the provision or acquisition of that financial product or financial service."

 

Column 1

Column 2

Column 3

Item

Provisions of Act

 

1

paragraph   926B(1)(c)

Part   7.6

2

paragraph   951C(1)(c)

Part   7.7

2A

section   1368

Part   7.7A

3

paragraph   992C(1)(c)

Part   7.8

4

paragraph   1020G(1)(c)

Part   7.9



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