Corporations Act 2001
CHAPTER 7
-
FINANCIAL SERVICES AND MARKETS
PART 7.7A
-
BEST INTERESTS OBLIGATIONS AND REMUNERATION
Division 3
-
Charging ongoing fees to clients
Subdivision B
-
Termination, disclosure and renewal
SECTION 962M
962M
IF CLIENT NOTIFIES FEE RECIPIENT THAT CLIENT DOES NOT WISH TO RENEW
If the client notifies the current fee recipient in relation to the ongoing fee arrangement in writing within the renewal period for an anniversary day that the client does not wish to renew the arrangement, the arrangement terminates on the day on which the notification is given.
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteIf the client notifies the current fee recipient in relation to the ongoing fee arrangement in writing within the renewal period for an anniversary day that the client does not wish to renew the arrangement, the arrangement terminates on the day on which the notification is given.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.