Corporations Regulations 2001

For section 1444 of the Act, this regulation applies in relation to an offer of a financial product if:

the financial product is described in subsection 1012E(1) of the Act; and

the financial product was offered before Division 2 of Part 7.9 of the Act applied to the product; and

a disclosure document was not required under Chapter 6D of the old Corporations Act, in the course of the offer of the financial product; and

the disclosure document was not required in accordance with a provision of section 708 of the old Corporations Act (other than subsection 708(1)).

The offer is taken to comply with the condition set out in paragraph 1012E(9)(c) of the Act.