Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.7A - BEST INTERESTS OBLIGATIONS AND REMUNERATION  

Division 2 - Best interests obligations  

Subdivision B - Provider must act in the best interests of the client  

SECTION 961F  

961F   MEANING OF BASIC BANKING PRODUCT  

Each of the following is a basic banking product :

(a)    a basic deposit product;

(b)    

a facility for making non-cash payments;

(c) (Repealed)

(d)    a facility for providing traveller ' s cheques;

(e)    any other product prescribed by regulations for the purposes of this paragraph.