Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.7.10ADA

Website disclosure information

    For the purposes of paragraph   951C(1)(c) of the Act, Part   7.7 of the Act applies as if section   943N of the Act were omitted and the following section were substituted:

"943N   Record of advice must be provided in certain circumstances

    If:

  (a)   the website disclosure information includes a statement to the effect that a client may request a record of further advice; and

  (b)   the client is provided with further advice to which that statement applies; and

  (c)   the client has not already been provided with a record of that advice;

the providing entity must comply with a request made in accordance with that statement for a record of that advice.

Note:   Failure to comply with this subsection is an offence (see subsection   1311(1))."



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