Inquiry into the Corporations Legislation Amendment (Simpler Regulatory System) Bill 2007

The Parliamentary Joint Committee on Corporations and Financial Services has released its Report on the Corporations Legislation Amendment (Simpler Regulatory System) Bill 2007 (pdf).

The Committee said there was general support for the Bill and recommended the Bill be passed but noted that there was concern over details of the FSR changes, especially those relating to Statements of Advice and Product Disclosure Statements.

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