Corporations Act 2001
CHAPTER 7
-
FINANCIAL SERVICES AND MARKETS
PART 7.7A
-
BEST INTERESTS OBLIGATIONS AND REMUNERATION
Division 2
-
Best interests obligations
Subdivision B
-
Provider must act in the best interests of the client
SECTION 961C
961C
MEANING OF REASONABLY APPARENT
For the purposes of this Division, something is reasonably apparent if it would be apparent to a person with a reasonable level of expertise in the subject matter of the advice that has been sought by the client, were that person exercising care and objectively assessing the information given to the provider by the client.
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteFor the purposes of this Division, something is reasonably apparent if it would be apparent to a person with a reasonable level of expertise in the subject matter of the advice that has been sought by the client, were that person exercising care and objectively assessing the information given to the provider by the client.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.