Corporations and Other Legislation Amendment (Trustee Companies and Other Measures) Act 2011 (24 of 2011)
Schedule 1 Trustee companies
Corporations Act 2001
33 At the end of Part 5D.7 of Chapter 5D
Add:
601XAB Prohibition on holding out
A person must not hold out that the person is a licensed trustee company if that is not the case.
Note: Failure to comply with this section is an offence (see subsection 1311(1)).