Document ID: chunk:federal_register_of_legislation:C2024A00067:clause:1_85
Version: federal_register_of_legislation:C2024A00067
Segment Type: clause
Provision Reference: sch 1 cl 85
Character Range: 52366–52945

85  After paragraph 963B(1)(ba)
Insert:
 (bb) each of the following is satisfied in relation to the benefit:
 (i) the benefit is given to the licensee or representative by a trustee or trustees of a regulated superannuation fund;
 (ii) the benefit is given in relation to financial product advice that is personal advice, which is provided by the licensee or representative to a retail client, about the client's interest in the fund;
 (iii) the benefit is charged against the client's interest in the fund, or against the interests of the client and other members of the fund;