South Australian Consolidated Acts

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LAND AND BUSINESS (SALE AND CONVEYANCING) ACT 1994 - SECT 24B

24B—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.



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