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 noteAn issuer or seller of a financial product must not give a financial services licensee, or a representative of a financial services licensee, conflicted remuneration.
Note: This section is a civil penalty provision (see section 1317E ).
[ CCH Note 1: S 963K will be amended by No 67 of 2024, s 3, Sch 1[97] and [ 98], by inserting " (1) " before " An " , substituting " subsection " for " section " in the note (effective 9 July 2025).]
[ CCH Note 2: S 963K(2) will be inserted by No 67 of 2024, s 3, Sch 1[99] (effective 9 July 2025). S 963K(2) will read:
Exception for insurance products
963K(2)
In determining whether an issuer or seller of a financial product contravenes subsection (1) , disregard section 963BB (which is about informed consent for certain insurance commissions).]
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