Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1015e
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1015E
Character Range: 4359213–4360353

1015E  Altering a Statement after its preparation and before giving it to a person
 (1) A regulated person must not, in purported compliance with a provision of this Part, give a person a Statement that has been altered (otherwise than pursuant to paragraph (b)) after the date of the Statement if either or both of the following paragraphs applies:
 (a) the alteration was not made by, or with the authority of, the issuer or seller, as the case requires, of the financial products;
 (b) the alteration is a material alteration and the date of the Statement has not been changed to:
 (i) if a copy of the altered Statement has been lodged with ASIC (see subsection (2))—the date on which it was so lodged; or
 (ii) in any other case—the date on which the alteration was made.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).
 (2) If the alteration is a material alteration to a Statement that has been lodged with ASIC under section 1015B, that section applies to the altered Statement as if it were a new Statement.

Subdivision F—Other rights and obligations related to Product Disclosure Statements