CORPORATIONS REGULATIONS 2001 - REG 7.8.10 Circumstances in which margin lending facility is unsuitable

CORPORATIONS REGULATIONS 2001 - REG 7.8.10

    For paragraph   985H(2)(b) of the Act, a margin lending facility, or a margin lending facility whose limit is proposed to be increased, is unsuitable for a retail client if the client:

  (a)   is, on an ongoing basis, unable to be contacted by any of the usual means of communication; and

  (b)   has not appointed an agent to act on the client's behalf.