10.2.80
CurrentLodgment of Product Disclosure Statement after lodgment of notice
Chapter 10Repeals, transitional matters and application provisions
Part 10.2Transitional arrangements relating to Financial Services Reform legislation
Division 16Product disclosure provisions for existing products during transition period
10.2.80 Lodgment of Product Disclosure Statement after lodgment of notice
For section 1444 of the Act, if a person lodges with ASIC a notice under paragraph 1438(3)(b) of the Act:
(a)
section 1015B of the Act is taken to authorise the person to lodge a Product Disclosure Statement before the date of effect specified in the notice; and
(b)
the period mentioned in section 1016B of the Act is taken to start in relation to the person when the person lodges the Product Disclosure Statement.
This Act’s bill:Explanatory statement
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