CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 853
Qualified privilege for adviser when complying with this Division
CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 853
Qualified privilege for adviser when complying with this Division
853. A securities adviser who:
(a) makes a securities recommendation in relation to eligible securities
to a person who may reasonably be expected to rely on it; and
(b) in so making the recommendation, contravenes neither of
subsections 849 (2) and 851 (1); has qualified privilege in respect of
a statement the securities adviser makes to the person, whether orally
or in writing, in the course of, or in connection with, so making the
recommendation.