Commonwealth Consolidated Regulations

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Presentation, structure and format of fees and charges in periodic statements

             (1)  For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act applies in relation to a product mentioned in regulation 7.9.16J as if section 1017D of the Act were modified to add, after subsection (7):

                    '(8)  The regulations may specify requirements as to the presentation, structure and format of a periodic statement.'.

             (2)  For subsection 1017D(8) of the Act, the information required by paragraph 1017D(5)(c) of the Act must be set out in the periodic statement:

                     (a)  in the manner specified in Part 3 of Schedule 10; and

                     (b)  using the terminology used in Part 3 of Schedule 10.

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