Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.7 - FINANCIAL SERVICES DISCLOSURE  

Division 7 - Enforcement  

Subdivision A - Offences  

SECTION 952J   OFFENCE IF A STATEMENT OF ADVICE DOES NOT COMPLY WITH CERTAIN REQUIREMENTS  

952J(1)    
A financial services licensee, or an authorised representative of a financial services licensee, commits an offence if:

(a)    the licensee or representative gives (see subsection (3) ) a person a Statement of Advice in circumstances in which it is required by a provision of this Part to be given to the person; and

(b)    

the Statement of Advice does not comply with section 947A or 947E .

952J(2)    
For the purposes of an offence based on subsection (1) , strict liability applies to paragraph (b) of that subsection.

Note: For strict liability , see section 6.1 of the Criminal Code .

952J(3)    
In this section, give means give by any means (including orally), and is not limited to the meaning it has because of section 940C .