THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.3 - PARTICIPANTS IN THE SECURITIES INDUSTRY

Division 1 - Dealers and investment advisers and operators of managed investment schemes

SECTION 781   INVESTMENT ADVISERS  

781    A person must not:

(a)  carry on an investment advice business; or

(b)  hold out that the person is an investment adviser;

unless the person is a licensee or an exempt investment adviser.




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