THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.3 - PARTICIPANTS IN THE SECURITIES INDUSTRY

Division 3 - Representatives

SECTION 807   REPRESENTATIVES OF INVESTMENT ADVISERS  

807    A natural person shall not do an act as a representative of an investment adviser (other than an exempt investment adviser) unless:

(a)  the investment adviser:

(i) is also a dealer and holds a dealers licence; or
(ii) holds an investment advisers licence; and

(b)  the person holds a proper authority from the investment adviser.




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