Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsFor the purposes of paragraph 992AA(3)(a) of the Act, the following classes of financial products are excluded from section 992AA of the Act:
(a) a financial product offered or issued under a distribution reinvestment plan or switching facility;
(b) a financial product the acquisition of which is an additional contribution required by an existing agreement or contract;
(c) a financial product issued as consideration for an offer made under a takeover bid under Chapter 6 of the Act;
(d) an interim contract of insurance within the meaning of subsection 11(2) of the Insurance Contracts Act 1984 ;
(e) a superannuation product that is issued in relation to:
(i) a non-public offer superannuation entity; or
(ii) a public offer superannuation entity mentioned in paragraph 7.6.01(1)(b), (c) or (d);
(f) a risk insurance product that is:
(i) of less than 12 months duration; and
(ii) a renewal of an existing product on the terms and conditions to which the product is currently subject.