Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)

Schedule 2   ALRC Financial Services Interim Report: single glossary of defined terms

Part 1   Amendments

Division 2   Terms in general use

Corporations Act 2001

17   Section 9

Insert:

client :

(a) for an issue situation - has the meaning given by paragraph 1012B(2)(c); and

(b) for a recommendation situation - has the meaning given by paragraph 1012A(2)(c); and

(c) for a sale situation - has the meaning given by paragraph 1012C(2)(c); and

(d) of a trustee company - has the meaning given by subsection 601RAB(3); and

Note: See also retail client and wholesale client .