Corporations Legislation Amendment (Financial Services Modernisation) Act 2009 assented to

The Corporations Legislation Amendment (Financial Services Modernisation) Act 2009 received royal assent on 6 November 2009.

It is expected that Schedule 1 (margin lending), Schedule 2 (trustee companies) and parts of Schedule 3 (debentures) will commence by 1 January 2010. The rest of the Act commenced on 6 November 2009.

Draft regulations and example PDS

 

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