Financial Sector Reform (Hayne Royal Commission Response No. 2) Act 2021 (19 of 2021)
Schedule 1 Ongoing fee arrangements
Part 1 Main amendments
Corporations Act 2001
11 Subsection 962H(1)
Repeal the subsection, substitute:
Fee disclosure statement
(1) A fee disclosure statement for an ongoing fee arrangement and an anniversary day is a statement in writing that:
(a) includes the information and statements required under this section; and
(b) relates to:
(i) the period of 12 months (the previous year ) ending immediately before the anniversary day; and
(ii) the period of 12 months (the upcoming year ) starting on the anniversary day.
(1A) A fee disclosure statement may also include other information.