Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This regulation is made for paragraph 947B(4)(b) of the Act.
(2) Information about a non - monetary benefit that, in accordance with paragraph 963C(1)(b) of the Act, is not conflicted remuneration is not required by paragraph 947B(2)(d) of the Act.
Note: Under paragraph 963C(1)(b) of the Act, if a non - monetary benefit is given to a financial services licensee, or a representative of a financial services licensee, who provides financial advice, is less than the prescribed amount and identical or similar benefits are not given on a frequent or regular basis, the benefit is not conflicted remuneration.