Victorian Consolidated Legislation

Introduction Agents Act 1997 - SECT 15

Person must give notice before acting as an introduction agent

15. Person must give notice before acting as an introduction agent



(1) A person must not act as an introduction agent unless-

   (a)  she, he or it has given the Authority written notice of her, his or
        its intention to act as an introduction agent; and

   (b)  she, he or it gives the notice to the Authority at least 30 days
        before the person begins to act as an introduction agent; and

   (c)  the notice is in the form, and contains the details, required by the
        Authority.

Penalty: 500 penalty units.

(2) For the purpose of determining whether a person is an introduction agent
under this Act, it is irrelevant whether the person has complied with this
section or not at the time the person acts as an introduction agent.

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