Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_944a
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 944A
Character Range: 387794–388406

944A  Situation in which Division applies

  This Division applies in relation to the provision of personal advice (the advice) in the following circumstances:
 (a) the advice is provided:
 (i) by a financial services licensee (the providing entity); or
 (ii) by a person (the providing entity) in their capacity as authorised representative of a financial services licensee (the authorising licensee), or of 2 or more financial services licensees (the authorising licensees); and
 (b) the advice is provided to a person (the client) as a retail client.

Subdivision B—Requirements relating to basis of advice