Document ID: chunk:federal_register_of_legislation:C2008C00460:clause:1_1012daa:p3
Version: federal_register_of_legislation:C2008C00460
Segment Type: clause
Provision Reference: sch 1 cl 1012DAA (pt 3/3)
Character Range: 68752–69690

a retail client, whether to acquire the relevant product to expect to find the information in a Product Disclosure Statement.

Obligation to correct defective notice

 (10) The issuer of the relevant product contravenes this subsection if:
 (a) the notice given under subsection (2) is defective; and
 (b) the issuer becomes aware of the defect in the notice within 12 months after the relevant product is issued; and
 (c) the issuer does not, within a reasonable time after becoming aware of the defect, give the relevant market operator a notice that sets out the information necessary to correct the defect.

 (11) For the purposes of subsection (10), the notice under subsection (2) is defective if the notice:
 (a) does not comply with paragraph (2)(f); or
 (b) is false or misleading in a material particular; or
 (c) has omitted from it a matter or thing, the omission of which renders the notice misleading in a material respect.