Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.7A - BEST INTERESTS OBLIGATIONS AND REMUNERATION  

Division 2 - Best interests obligations  

Subdivision B - Provider must act in the best interests of the client  

SECTION 961F   961F   WHAT IS A BASIC BANKING PRODUCT ?  


Each of the following is a basic banking product :


(a) a basic deposit product;


(b) a facility for making non-cash payments (see section 763D );


(c) (Repealed)


(d) a facility for providing traveller ' s cheques;


(e) any other product prescribed by regulations for the purposes of this paragraph.


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