Corporations Amendment Regulations 2003 (No. 11) (369 of 2003)
Schedule 1 Amendments commencing on gazettal
[10] Part 7.7, after Division 3
insert
Division 4 General advice provided to a retail client
7.7.14 Product Disclosure Statement not required
For paragraph 926B (1) (a) of the Act, a providing entity that is giving general advice in relation to a financial product for which, under Part 7.9 of the Act, a Product Disclosure Statement is not required, does not have to give the warning in paragraph 949A (2) (c) of the Act.
Division 5 Other disclosure requirements
7.7.20 General advice to retail client - no obligation to warn client
For paragraph 949A (1) (c) of the Act, the provision of general advice in the circumstances set out in subregulation 7.7.02 (5A) is specified.
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