Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1013d:p1
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1013D (pt 1/2)
Character Range: 4327179–4329918

1013D  Product Disclosure Statement content—main requirements
 (1) Subject to this section, subsection 1013C(2) and sections 1013F and 1013FA, a Product Disclosure Statement must include the following statements, and such of the following information as a person would reasonably require for the purpose of making a decision, as a retail client, whether to acquire the financial product:
 (a) a statement setting out the name and contact details of:
 (i) the issuer of the financial product; and
 (ii) if the Statement is a sale Statement—the seller; and
 (b) information about any significant benefits to which a holder of the product will or may become entitled, the circumstances in which and times at which those benefits will or may be provided, and the way in which those benefits will or may be provided; and
 (c) information about any significant risks associated with holding the product; and
 (d) information about:
 (i) the cost of the product; and
 (ii) any amounts that will or may be payable by a holder of the product in respect of the product after its acquisition, and the times at which those amounts will or may be payable; and
 (iii) if the amounts paid in respect of the financial product and the amounts paid in respect of other financial products are paid into a common fund—any amounts that will or may be deducted from the fund by way of fees, expenses or charges; and
 (e) if the product will or may generate a return to a holder of the product—information about any commission, or other similar payments, that will or may impact on the amount of such a return; and
 (f) information about any other significant characteristics or features of the product or of the rights, terms, conditions and obligations attaching to the product; and
 (g) information about the dispute resolution system that covers complaints by holders of the product and about how that system may be accessed; and
 (h) general information about any significant taxation implications of financial products of that kind; and
 (i) information about any cooling‑off regime that applies in respect of acquisitions of the product (whether the regime is provided for by a law or otherwise); and
 (j) if the product issuer (in the case of an issue Statement) or the seller (in the case of a sale Statement) makes other information relating to the product available to holders or prospective holders of the product, or to people more generally—a statement of how that information may be accessed; and
 (k) any other statements or information required by the regulations; and
 (l) if the product has an investment component—the extent to which labour standards or environmental, social or ethical considerations are taken into account in the selection,