Australian Securities and Investments Commission Amendment Regulations 2010 (No. 2)¹

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Australian Securities and Investments Commission Act 2001.

Dated 6 May 2010

QUENTIN BRYCE

Governor-General

By Her Excellency’s Command

CHRIS BOWEN

1              Name of Regulations

                These Regulations are the Australian Securities and Investments Commission Amendment Regulations 2010 (No. 2).

2              Commencement

                These Regulations commence on 1 January 2011.

3              Amendment of Australian Securities and Investments Commission Regulations 2001

                Schedule 1 amends the Australian Securities and Investments Commission Regulations 2001.

Schedule 1        Amendment

(regulation 3)

[1]           After regulation 2B

insert

2BA        Declared financial product

                For paragraph 12BAA (7) (m) of the Act, a margin lending facility (within the meaning given by section 761EA of the Corporations Act) is declared to be a financial product for the purposes of subsection 12BAA (7) of the Act.

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.