Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1440

    During the transition period (if any) for a financial product, the following provisions continue to apply, despite their repeal or amendment, to and in relation to the financial product:

  (a)   if the product is a managed investment product--all the provisions of Chapter   6D of the old Corporations Act, other than section   722 of that Act, and any associated provisions;

  (b)   if the product is a derivative--section   1210 of the old Corporations Act, and any associated provisions;

  (c)   if the product is a superannuation product--the following provisions, and any associated provisions:

  (i)   section   153, and all the provisions of Divisions   3 and 4 of Part   19, of the Superannuation Industry (Supervision) Act 1993 as in force immediately before the FSR commencement;

  (ii)   the section   153A of that Act that was provided for in Modification Declaration no.   15 as in force immediately before the FSR commencement, being a declaration of modification made under section   332 of that Act;

  (d)   if the product is an RSA product--section   51, and all the provisions of Divisions   4 and 5 of Part   5, of the Retirement Savings Accounts Act 1997 as in force immediately before the FSR commencement, and any associated provisions;

  (e)   if the product is an insurance product--sections   71A and 73 of the Insurance Contracts Act 1984 as in force immediately before the FSR commencement, and any associated provisions.