Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.9.63E

Confirmation of transaction--facility that provides written confirmation

    For paragraph   1020G(1)(c) of the Act, Part   7.9 of the Act applies to all financial products and transactions as if subsection   1017F(5) of the Act were modified by omitting:

    'An arrangement under which the holder may request or require another person to provide a confirmation does not count as a facility that satisfies paragraph   (b).'

    and inserting:

    'An arrangement under which the holder may request or require another person (other than the responsible person or a person acting on behalf of the responsible person) to provide a confirmation does not count as a facility that satisfies paragraph   (b).'.


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