Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1674a
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1674A
Character Range: 6171089–6172249

1674A  Obligation to give updated Financial Services Guide
 (1) If:
 (a) the providing entity has given a Financial Services Guide to the client under section 941A or 941B before 1 July 2021; and
 (b) the providing entity will provide a financial service to the client on or after 1 July 2021; and
 (c) paragraph 942B(2)(fa) or 942C(2)(ga), as inserted by Schedule 2 to the Financial Sector Reform (Hayne Royal Commission Response No. 2) Act 2021, applies in relation to the providing entity and the financial service;
the providing entity must, before the financial service is provided to the client, give the client:
 (d) another Financial Services Guide that contains the statement required by whichever of the paragraphs referred to in paragraph (c) of this subsection is applicable; or
 (e) a Supplementary Financial Services Guide that contains that statement.
 (2) Subsections 941A(1) and 941B(1) apply as if the reference in those subsections to "this Division" included a reference to this section.

Part 10.48—Application and transitional provisions relating to Schedule 7 to the Financial Sector Reform (Hayne Royal Commission Response) Act 2020