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CORPORATIONS ACT 2001 - SECT 946A Obligation to give client a Statement of Advice

CORPORATIONS ACT 2001 - SECT 946A

Obligation to give client a Statement of Advice

  (1)   The providing entity must give the client a Statement of Advice in accordance with this Subdivision and Subdivision D.

  (2)   The Statement of Advice may be:

  (a)   the means by which the advice is provided; or

  (b)   a separate record of the advice.

  (3)   This section has effect subject to sections   946AA and 946B.

  (4)   A person contravenes this subsection if the person contravenes subsection   (1).

Note:   This subsection is a civil penalty provision (see section   1317E).

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