Financial Sector Reform (Hayne Royal Commission Response - Protecting Consumers (2019 Measures)) Act 2020 (2 of 2020)

Schedule 3   Mortgage brokers

Part 1   Main amendments

National Consumer Credit Protection Act 2009

2   Subsection 5(1) (at the end of the definition of commission)

Add:

Note: Commissions may be conflicted remuneration: see Division 4 of Part 3-5A.