Corporations Legislation Amendment (Financial Services Modernisation) Act 2009 (108 of 2009)

Schedule 2   Trustee companies

Corporations Act 2001

24   After paragraph 915B(3)(c)

Insert:

(ca) is a trustee company whose clients have suffered, or are likely to suffer, loss or damage because the company has breached:

(i) this Act; or

(ii) a financial services law referred to in paragraph (e) of the definition of financial services law in section 761A; or