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StatuteCorporations Act 2001

Section 1676A — Corporations Act 2001: Automatic extension of licence conditions on the commencement day—licensees who are authorised to deal

Text of the provision Official document

(1) This section applies to an Australian financial services licensee if, just before the commencement day: (a) the licensee’s Australian financial services licence authorised the licensee to deal in a superannuation product; and (b) the licensee was also an RSE licensee. (2) The licensee’s Australian financial services licence is taken from the commencement day to be subject to a condition authorising the licensee to provide a superannuation trustee service.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.