Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1210

1210. A futures broker shall, before accepting a person as a client of the
broker, give to the person:

   (a)  a document that:

        (i)    explains the nature of futures contracts;

        (ii)   explains the nature of the obligations assumed by a person who
               instructs a futures broker to enter into a futures contract;

        (iii)  sets out a risk disclosure statement in the prescribed form;
               and

        (iv)   sets out the specifications, and details of the essential
               terms, of each kind of futures contract in which the broker
               deals on behalf of clients; and

   (b)  a copy of each agreement into which the broker proposes, if the broker
        agrees to accept instructions from the person in relation to dealings
        in futures contracts, to require the person to enter.