Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 (Cth)

Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019

No. 50, 2019

An Act to amend the law relating to corporations and consumer credit protection, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedules Schedule 1—Amendments relating to design and distribution of financial products Corporations Act 2001 Schedule 2—Amendments relating to product intervention orders Part 1—Main amendments Corporations Act 2001 National Consumer Credit Protection Act 2009 Part 2—Consequential amendments Australian Securities and Investments Commission Act 2001

Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 No. 50, 2019

An Act to amend the law relating to corporations and consumer credit protection, and for related purposes

[Assented to 5 April 2019]

The Parliament of Australia enacts:

1 Short title This Act is the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.

2 Commencement (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table The day this Act receives the Royal Assent. 5 April 2019 2. Schedule 1 The day after the end of the period of 2 years beginning on the day this Act receives the Royal Assent. 5 April 2021 3. Schedule 2 The day after this Act receives the Royal Assent. 6 April 2019