Financial Services Reform Amendment Act 2003 (141 of 2003)

Schedule 2   Other amendments of the Corporations Act 2001

96N   Paragraph 1022B(1)(b)

Repeal the paragraph, substitute:

(b) a person:

(i) is required by paragraph 1012G(3)(a) to orally communicate information (the required disclosure document or statement ) to another person (the client ); and

(ii) does not orally communicate to the other person anything purporting to be the information required by that paragraph by the time they are required to do so; or