1. BapLink is not subject to the normal requirement to have a "Disclosure Document" or Product Disclosure Statement (PDS) and be registered or have a trust deed under the Corporations Act 2001, and this scheme has not been examined or approved by Australian Securities and Investment Commission (ASIC). BapLink will deliver audited financial accounts to the ASIC each year.
Neither the controlling entity nor BapLink (the fund) is prudentially supervised by APRA.
Contributions to the fund do not obtain the benefit of the depositer protection provisions of the Banking Act 1959.
2. BapLink accounts and schemes are designed for investors who wish to promote the charitable purposes of The Baptist Union of Queensland and its constituted churches for whom the considerations of profit are not of primary relevance.
3. Such investments are not specifically secured but repayment is underwritten by the overall funds and assets of The Baptist Union of Queensland.
