Commonwealth Consolidated Regulations

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Application of this Division

             (1)  This Division applies in relation to:

                     (a)  superannuation products; and

                     (b)  RSAs; and

                     (c)  annuity products; and

                     (e)  a standard margin lending facility; and

                      (f)  a superannuation product to which Subdivision 4.2B of this Division applies; and

                     (g)  a simple managed investment scheme to which Subdivision 4.2C of Division 4 of Part 7.9 applies; and

                     (h)  a simple sub-fund product to which Subdivision 4.2D of this Division applies.

             (2)  Each of the Subdivisions of this Division has an application provision:

                     (a)  stating the types of entity in relation to which the Subdivision applies; and

                     (b)  referring to any provisions that limit or restrict the application of the Subdivision or a particular provision.

Note:          Information content requirements are set out in the main provisions of section 1013D of the Act. These Regulations set out a more detailed statement of the information required under subsection 1013D(1) that the retail clients of superannuation products and RSAs would reasonably require for the purpose of making a decision whether to acquire the financial product.

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