Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1163

1163. Where, during a period when a person (in this section and Subdivision
B called the "non-licensee"), in contravention of subsection 1143 (3), holds
himself, herself or itself out to be a futures adviser of a particular kind,
the non-licensee and a client (other than an excluded client) of the
non-licensee enter into an agreement that relates to:

   (a)  if the client is a corporation:

        (i)    advising the client about futures contracts; or

        (ii)   giving a futures report to the client; or

   (b)  otherwise-doing in eligible circumstances any of the following:

        (i)    advising the client about futures contracts;

        (ii)   giving a futures report to the client; Subdivision B applies,
               whether or not anyone else is a party to the agreement.