Document ID: chunk:federal_register_of_legislation:C2024C00587:section:205
Version: federal_register_of_legislation:C2024C00587
Segment Type: section
Provision Reference: s 205
Character Range: 305996–306775

205  Compensation for cost of financial advice and legal advice

Financial advice
 (1) The Commonwealth is liable to pay compensation for the cost of financial advice obtained by a person if:
 (a) the person obtains financial advice from a suitably qualified financial adviser as mentioned in subsection 202(3); and
 (b) a claim for compensation in respect of the person has been made under section 319.

Legal advice
 (2) The Commonwealth is liable to pay compensation for the cost of legal advice obtained by a person if:
 (a) the legal advice was obtained from a practising lawyer; and
 (b) the legal advice was obtained in respect of the choice the person may make under this Part; and
 (c) a claim for compensation in respect of the person has been made under section 319.