Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.7A
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BEST INTERESTS OBLIGATIONS AND REMUNERATION
Division 3
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Charging ongoing fees to clients
Subdivision B
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Termination, disclosure and renewal
SECTION 962N
962N
IF CLIENT DOES NOT NOTIFY FEE RECIPIENT THAT CLIENT WISHES TO RENEW
If the client does not notify the current fee recipient in relation to the ongoing fee arrangement in writing within the renewal period for an anniversary day that the client wishes to renew the arrangement, the arrangement terminates at the end of a further period of 30 days after the end of the renewal period for the anniversary day.
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteIf the client does not notify the current fee recipient in relation to the ongoing fee arrangement in writing within the renewal period for an anniversary day that the client wishes to renew the arrangement, the arrangement terminates at the end of a further period of 30 days after the end of the renewal period for the anniversary day.
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