ASIC Corporations (Financial Product Advice – Exempt Documents) Instrument 2016/356
1ASIC Corporations (Financial Product Advice – Exempt Documents) Instrument 2016/356
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ASIC Corporations (Financial Product Advice – Exempt Documents) Instrument 2016/356
About this compilation
Compilation No. 1
This is a compilation of ASIC Corporations (Financial Product Advice – Exempt Documents) Instrument 2016/356 as in force on 27 September 2016. It includes any commenced amendment affecting the legislative instrument to that date.
This compilation was prepared by the Australian Securities and Investments Commission.
The notes at the end of this compilation (the endnotes) include information
about amending instruments and the amendment history of each amended provision.
Contents
1 Name of legislative instrument
5 Requirement to hold an Australian financial services licence
6 Documents to which the relief applies
Part 1—Preliminary
1 Name of legislative instrument
This is the ASIC Corporations (Financial Product Advice – Exempt Documents) Instrument 2016/356.
3 Authority
This instrument is made under paragraphs 926A(2)(a) and 951B(1)(a) of the Corporations Act 2001.
4 Definitions
In this instrument:
Act means the Corporations Act 2001.
Part 2—Exemption
5 Requirement to hold an Australian financial services licence
A person providing general advice in a document that complies with section 6 does not have to comply with:
- the requirement in subsection 911A(1) to hold an Australian financial services licence for the provision of financial product advice; or
- where the person is a financial services licensee or an authorised representative of such a licensee—Divisions 2 and 4 of Part 7.7 of the Act in relation to that advice.
6 Documents to which the relief applies
A document complies with this section if it is:
-
prepared in accordance with a requirement of the Act, any other Act or a disallowable legislative instrument made under an Act and is not: