Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteA product intervention order does not apply to a financial product held by a person if the person acquired, or entered into a contract for the acquisition of, the product before the order comes into force.
1023C(2)
A product intervention order does not apply to a person:
(a) in the person ' s capacity as a retail client; or
(b) who is in a class of persons specified in regulations made for the purposes of this paragraph.
1023C(3)
The regulations may provide that this Part does not apply to a financial product specified in the regulations.
Note: In a prosecution for an offence, the defendant bears an evidential burden in relation to the matters in this section (see subsection 13.3(3) of the Criminal Code ).
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