AYB LAW APPLICATIONS

to know by heart which laws apply to which contexts!!

S 763A (Corporations Act 2001)

General definition of a financial product

S 764A (Corporations Act 2001)

Specific things that are financial products (subject to Subdivision D)

S 765A

Specific things that are NOT financial products

S 763B (Corporations Act 2001)

Meaning of ‘makes a financial investment’

S 763C (Corporations Act 2001)

meaning of ‘manages financial risk’

S 763 D (Corporations Act 2001)

Meaning of ‘makes non-cash payments’

S 92(1) (Corporations Act 2001)

general definition of securities

S 92(3) (Corporations Act 2001)

takeovers definition of a security

S 92(4) (Corporations Act 2001)

capital raising AND rights issue definition of a security

s 700 (Corporations Act 2001)

capital raising definition of a security

s 761A (Corporations Act 2001)

rights issue definition of a security

S 1023B (Corporations Act 2001)

what a financial product or class of financial products is in the context of ASIC's Product Intervention Powers

S 601ED (Corporations Act 2001)

When a managed investment scheme must be registered

S 766A (Corporations Act 2001)

meaning of financial service

S 766B (Corporations Act 2001)

Meaning of financial product advice, personal advice and general advice

S 766C (Corporations Act 2001)

meaning of dealing

S 766D (Corporations Act 2001)

meaning of makes a market

S 766E (Corporations Act 2001)

meaning of custodial or depository service

S 766F (Corporations Act 2001)

meaning of crowd - funding service

S 949A (Corporations Act 2001)

General advice provided to retail client--obligation to warn client that advice does not take account of client's objectives, financial situation or needs

S1(2) ASIC Act

ASIC’s role (key goals and objectives)