Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This Division applies in a case where:
(a) a financial services licensee, or a representative of a financial services licensee, enters into an ongoing fee arrangement with another person (the client ); and
(b) the arrangement has not terminated for any reason.
(2) This Division also applies in a case where:
(a) the rights of a financial services licensee, or a representative of a financial services licensee, under an ongoing fee arrangement are assigned to another person; and
(b) the arrangement has not terminated for any reason.