Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 (50 of 2019)

Schedule 1   Amendments relating to design and distribution of financial products

Corporations Act 2001

4   After subsection 766B(3)


(3A) However, the acts of asking for information solely to determine whether a person is in a target market (as defined in subsection 994A(1)) for a financial product, and of informing the person of the result of that determination, do not, of themselves, constitute personal advice.