ASIC Corporations (Amendment) Instrument 2024/809

I, Leah Sciacca, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 22 October 2024

Leah Sciacca

Contents

Part 1—Preliminary 3

1 Name of legislative instrument....................................3

2 Commencement...............................................3

3 Authority....................................................3

4 Schedules....................................................3

Schedule 1—Amendments 4

ASIC Corporations (Financial Services Guides) Instrument 2015/541.......4

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC Corporations (Amendment) Instrument 2024/809.

2 Commencement

This instrument commences on the day after it is registered on the Federal Register of Legislation.

Note: The register may be accessed at www.legislation.gov.au.

3 Authority

This instrument is made under section 951B of the Corporations Act 2001.

4 Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

ASIC Corporations (Financial Services Guides) Instrument 2015/541

1 At the end of the instrument

Add:

Part 3—Declaration

6 Financial product advice—information is publicly available on providing entity’s website  

Part 7.7 of the Act applies in relation to a financial services licensee and an authorised representative of a financial services licensee as if subsection 941C(5A) were modified or varied by omitting paragraph 941C(5A)(a) and substituting:

“(a) the financial service provided to the client is:

(i) financial product advice; or

(ii) dealing in a financial product for the purpose of implementing financial product advice that was provided to the client by the providing entity; and”.