{"id":"F2014L01704","name":"Corporations (Statements of Advice) Repeal Regulation 2014","slug":"corporations-statements-of-advice-repeal-regulation-2014","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"210 of 2014","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":438206,"registerId":"F2014L01704-fast-fetch-1775954726936","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Corporations (Statements of Advice) Repeal Regulation 2014","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![](image.001.jpeg)\n\n \n\nCorporations (Statements of Advice) Repeal Regulation 2014\n\n \n\nSelect Legislative Instrument No. 210, 2014\n\nI, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation.\n\nDated 11 December 2014\n\nPeter Cosgrove\n\nGovernor‑General\n\nBy His Excellency’s Command\n\nMathias Cormann\n\nMinister for Finance  for the Treasurer\n\n \n\n \n\nContents\n\n1 Name\n\n2 Commencement\n\n3 Authority\n\n4 Schedules\n\nSchedule 1—Repeals\n\nCorporations Amendment (Statements of Advice) Regulation 2014\n\n \n\n1  Name\n\n  This is the Corporations (Statements of Advice) Repeal Regulation 2014.\n\n2  Commencement\n\n  This instrument commences on the day after it is registered.\n\n3  Authority\n\n  This instrument is made under the Corporations Act 2001.\n\n4  Schedules\n\n  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its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.\n\nSchedule 1—Repeals\n\n \n\nCorporations Amendment (Statements of Advice) Regulation 2014\n\n1  The whole of the regulation\n\nRepeal the regulation.\n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1989},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument performs exactly its stated purpose—repealing the target regulation—without expanding into other areas or adding new obligations."},"complexity_factors":["Single operative provision (one item repealing one entire regulation)","No defined terms or interpretation section","No conditional logic, exceptions, or cross-references","Document length is less than one page"],"plain_english_summary":"This regulation **repeals (cancels)** another regulation called the *Corporations Amendment (Statements of Advice) Regulation 2014*.\n\n**What this does:**\n- Removes the entire 2014 Regulation from the statute books\n- This eliminates any specific rules that the 2014 Regulation had introduced regarding **Statements of Advice** (the legally required documents that financial advisers must give to clients when providing personal financial advice)\n\n**Who is affected:**\n- Financial advisers and advisory firms holding an Australian Financial Services Licence\n- Consumers receiving personal financial advice\n\n**Why it matters:**\nThe repeal removes regulatory requirements that the government determined were unnecessary, burdensome, or redundant. This likely streamlines the rules about what information must be included in advice documents and how it must be presented, reverting to standards that applied before the 2014 Regulation commenced."}},"importantCases":[],"_links":{"self":"/api/acts/corporations-statements-of-advice-repeal-regulation-2014","history":"/api/acts/corporations-statements-of-advice-repeal-regulation-2014/history","analysis":"/api/acts/corporations-statements-of-advice-repeal-regulation-2014/analysis","conflicts":"/api/acts/corporations-statements-of-advice-repeal-regulation-2014/conflicts","importantCases":"/api/acts/corporations-statements-of-advice-repeal-regulation-2014/important-cases","documents":"/api/acts/corporations-statements-of-advice-repeal-regulation-2014/documents"}}