Specified methods for Part 6A ranking products—paragraph 60J(3)(b) of Act
9AB.25 Specified methods for Part 6A ranking products—paragraph 60J(3)(b) of Act
For the purposes of paragraph 60J(3)(b) of the Act, the following subregulations specify methods for ranking Part 6A products according to the formulas specified in regulations 9AB.21 and 9AB.22.
This subregulation specifies the method of ranking Part 6A products from:
the highest result of applying the formula set out in regulation 9AB.23 (net return ranking formula) in respect of a Part 6A product in respect of a financial year;
to:
the lowest result of applying that formula in respect of a Part 6A product in respect of the financial year.
This subregulation specifies the method of ranking Part 6A products from:
the lowest result of applying the formula set out in regulation 9AB.24 (fee ranking formula) in respect of a Part 6A product in respect of a financial year;
to:
the highest result of applying that formula in respect of a Part 6A product in respect of the financial year.
This Act’s bill:Explanatory statement
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