CORPORATIONS REGULATIONS 2001 - REG 7.9.07FB Product Disclosure Statement not required if client not in this jurisdiction
CORPORATIONS REGULATIONS 2001 - REG 7.9.07FB
Product Disclosure Statement not required if client not in this jurisdictionFor paragraph 1020G(1)(c) of the Act, section 1012D of the Act is modified by inserting after subsection 1012D(8):
"(8A) In a recommendation situation, an issue situation or
a sale situation, the regulated person does not have to give the client a
Product Disclosure Statement for the financial product if the client is not in
this jurisdiction."