1ASIC Class Order [CO 03/748]

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Australian Securities and Investments Commission

Corporations Act 2001  -  Paragraph 992B(1)(b)  -  Exemption

 

Under paragraph 992B(1)(b) of the Corporations Act 2001 ("the Act"), the Australian Securities and Investments Commission hereby exempts each financial services licensee that is a natural person ("the licensee") from subsection 989B(1) of the Act to the extent that it requires the licensee to include in a profit and loss statement any revenues and expenses that do not relate to a financial services business carried on by the licensee.

 

 

Dated this 22nd day of August 2003

 

 

 

Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission