Financial Services Reform (Consequential Provisions) Act 2002 (29 of 2002)

Schedule 2   Corporations Act 2001

3   After subsection 992A(3)

Insert:

(3A) Neither subsection (1) nor (3) applies to an offer of financial products if the offer is not to a retail client.

Note: A defendant bears an evidential burden in relation to the matters in this subsection. See subsection 13.3(3) of the Criminal Code.