Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
If regulations made for the purposes of subsection 963N(1) require a person covered by section 963M to pay an amount, or provide a monetary benefit, the person must pay the amount or provide the monetary benefit in accordance with those regulations.
[ CCH Note: Ch 7 will be amended by No 8 of 2022, s 3, Sch 2[165], by inserting the note, (effective 1 July 2022). The note will read:
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .]
PART 7.7A
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BEST INTERESTS OBLIGATIONS AND REMUNERATION
Division 4
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Conflicted remuneration
Subdivision D
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Rebate of conflicted remuneration
SECTION 963P
963P
PERSON COVERED BY SECTION 963M MUST PAY AMOUNT ETC. IN ACCORDANCE WITH REGULATIONS
If regulations made for the purposes of subsection 963N(1) require a person covered by section 963M to pay an amount, or provide a monetary benefit, the person must pay the amount or provide the monetary benefit in accordance with those regulations.
Note: This section is a civil penalty provision (see section 1317E ).
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