Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 961G

Resulting advice must be appropriate to the client

                   The provider must only provide the advice to the client if it would be reasonable to conclude that the advice is appropriate to the client, had the provider satisfied the duty under section 961B to act in the best interests of the client .

Note:          A responsible licensee or an authorised representative may contravene a civil penalty provision if a provider fails to comply with this section (see sections 961K and 961Q). The provider may be subject to a banning order (see section 920A).



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