Document ID: chunk:federal_register_of_legislation:F2016L00331:body:0:p4
Version: federal_register_of_legislation:F2016L00331
Segment Type: other
Provision Reference: 
Character Range: 8298–9229

Statement—12 months after the relevant product is issued; or

                       (B) if the regulated person is not required under subsection (1A) to give a Product Disclosure Statement—12 months after the relevant product is sold by the controller; and

                    (iii) 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;

                 (b) where the person is the controller:

                    (i)  the notice given under subparagraph (5)(e)(ii) is defective; and

                    (ii) the controller becomes aware of the defect in the notice within 12 months after the relevant product is sold by the controller; and

                    (iii) the controller does not, within a reasonable time after becoming aware of the defect, make the issuer aware of the defect.".