Regulation 31
Disclosure requirement
of Financial Services and Markets (Resolution of Financial Institutions) Regulations 2024
Subsidiary LegislationIn forceProvision 31 of 46
Regulation 31
Subregulation 1
A Division 6 FI must disclose, on the front cover of a prospectus, information memoranda, offering circular or other offering document related to an eligible instrument issued by it, that the instrument may be subject to cancellation, modification, conversion or change in form under a bail‑in certificate.
Subregulation 2
A Division 6 FI that fails to comply with paragraph (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $150,000.