particulars of:

(c)

any commission or fee, or any other benefit or advantage, whether pecuniary or not and whether direct or indirect, that the securities adviser or an associate has received, or will or may receive, in connection with the making of the recommendation or a dealing by the client in securities as a result of the recommendation; and

(d)

any other pecuniary or other interest, whether direct or indirect, of the securities adviser or an associate, that may reasonably be expected to be capable of influencing the securities adviser in making the recommendation.

(3) Subsection (2) does not apply in relation to a commission or fee that the securities adviser has received, or will or may receive, from the client. (4) If by making the recommendation the securities adviser does an act as a representative of another person, then:

(a)

without limiting the generality of Division 2 of Part 1.2, the other person is an associate for the purposes of subsection (2); and

(b)

subsection (2) does not apply in relation to a commission or fee that the other person has received, or will or may receive, from the client.

(5) For the purposes of Division 2 of Part 1.2, the making of securities recommendations is the matter to which a reference to an associate in subsection (2) relates. (6) Despite Division 2 of Part 1.2 and subsection (5), a person (in this subsection called the alleged associate ) is not an associate for the purposes of subsection (2) merely because of being:

(a)

a partner of the securities adviser otherwise than because of carrying on a securities business in partnership with the securities adviser; or

(b)

a director of a body corporate of which the securities adviser is also a director, whether or not the body carries on a securities business;