South Australian Consolidated Acts24B—Financial and investment advice
(1) The regulations
may make provision for or with respect to requiring an agent or sales
representative who provides financial or investment advice to a person in
connection with the sale or purchase of land or a business to provide to the
person specified information or warnings.
(2) An agent or sales
representative who fails to comply with a requirement of the regulations under
this section is guilty of an offence.
Maximum penalty: $10 000.