Corporations Act 2001
[ CCH Note: Ch 7 will be amended by No 8 of 2022, s 3, Sch 2, by inserting the note, (effective 1 July 2022). The note will read:
One person can be the authorised representative of 2 or more financial services licensees, but only if: (a) each of those licensees has consented to the person also being the authorised representative of each of the other licensees; or (b) each of those licensees is a related body corporate of each of the other licensees; or (c)
A purported authorisation given in breach of this requirement is void. 916C(3)
A person must not give a purported authorisation if that purported authorisation is in breach of this requirement.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1) ).
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