Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.9.07FB

Product Disclosure Statement not required if client not in this jurisdiction

    For paragraph   1020G(1)(c) of the Act, section   1012D of the Act is modified by inserting after subsection   1012D(8):

  "(8A)   In a recommendation situation, an issue situation or a sale situation, the regulated person does not have to give the client a Product Disclosure Statement for the financial product if the client is not in this jurisdiction."


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