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