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 962P
962P
CIVIL PENALTY PROVISION
-
CHARGING ONGOING FEES AFTER ARRANGEMENT TERMINATED
If an ongoing fee arrangement terminates for any reason, the current fee recipient in relation to the arrangement must not continue to charge an ongoing fee.
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteIf an ongoing fee arrangement terminates for any reason, the current fee recipient in relation to the arrangement must not continue to charge an ongoing fee.
Note: This section is a civil penalty provision (see section 1317E ).
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.