Guidance · ASIC · 19 Jun 2008 · RG-182
The Australian Securities and Investments Commission issued this guide to explain the administration of dollar disclosure provisions under the Corporations Act 2001 and related regulations. It requires AFS licensees, authorised representatives, and product issuers to disclose specific costs, fees, and benefits as Australian dollar amounts in Statements of Advice, Product Disclosure Statements, and periodic statements. The document also outlines the relief granted from these provisions and the regulator's approach to granting such relief.
Issued 5 December 2017
This guide is for Australian financial services (AFS) licensees and authorised representatives (providing entities) and product issuers.
It sets out how we will administer the ‘dollar disclosure provisions’ under the Corporations Act 2001 and the Corporations Regulations 2001, the relief we have granted from these provisions and our approach to granting relief.
The dollar disclosure provisions require various costs, fees, charges, expenses, benefits and interests to be disclosed as Australian dollar amounts in Statements of Advice, Product Disclosure Statements and periodic statements, including exit statements, except when we have granted relief.
Note:
From 27 July 2020, applications for relief should be submitted through the ASIC Regulatory Portal . For more information, see how you apply for relief .
Download RG 182 (PDF 330KB)
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“It sets out how we will administer the ‘dollar disclosure provisions’ under the Corporations Act 2001”
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