Commonwealth Consolidated Regulations

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Modification of section 912CA of the Act

                   For paragraph 926B(1)(c) of the Act, Part 7.6 of the Act applies as if section 912CA of the Act were modified to read as follows:

'912CA  Regulations may require information to be provided

             (1)  The regulations may require a financial services licensee, or each financial services licensee in a class of financial services licensees, to provide APRA (acting as ASIC's agent) with specified information about:

                     (a)  the financial services provided by the licensee or its representatives; or

                     (b)  the financial services business carried on by the licensee.

             (2)  The specified information:

                     (a)  must be lodged in the prescribed form; and

                     (b)  must include:

                              (i)  the information, statements, explanations or other matters required by the form; and

                             (ii)  any further information requested by APRA in relation to any of the matters in subparagraph (i); and

                     (c)  must be accompanied by any other material required by the form.'

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