Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.7 - FINANCIAL SERVICES DISCLOSURE  

Division 3 - Additional requirements for personal advice provided to a retail client  

Subdivision A - When this Division applies  

SECTION 944A   944A   SITUATION IN WHICH DIVISION APPLIES  

This Division applies in relation to the provision of personal advice (the advice ) in the following circumstances:

(a) the advice is provided:

(i) by a financial services licensee (the providing entity ); or

(ii) by a person (the providing entity ) in their capacity as authorised representative of a financial services licensee (the authorising licensee ), or of 2 or more financial services licensees (the authorising licensees ); and

(b) the advice is provided to a person (the client ) as a retail client.