Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1021g
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1021G
Character Range: 4508617–4509460

1021G  Financial services licensee failing to ensure authorised representative gives etc. disclosure documents or statements as required

Financial services licensee must ensure authorised representative gives etc. disclosure documents or statements as required
 (1) A financial services licensee contravenes this subsection if the licensee does not take reasonable steps to ensure that an authorised representative of the licensee complies with their obligations under this Part to give or communicate disclosure documents or statements as and when required by this Part.

Fault‑based offence
 (2) A person commits an offence if the person contravenes subsection (1).

Civil liability
 (3) A person contravenes this subsection if the person contravenes subsection (1).
Note: This subsection is a civil penalty provision (see section 1317E).