Document ID: chunk:federal_register_of_legislation:C2017A00017:clause:1_738zd
Version: federal_register_of_legislation:C2017A00017
Segment Type: clause
Provision Reference: sch 1 cl 738ZD
Character Range: 52737–53285

738ZD  Cooling‑off rights for retail clients
 (1) If a person who is a retail client in relation to a CSF offer makes an application pursuant to the offer, the person may withdraw the application within 5 business days after the application is made.
Note: If an applicant withdraws their application, the responsible intermediary must return the application money (see section 738ZB).
 (2) A withdrawal of an application pursuant to subsection (1) can only be made by a method specified on the offer platform as required by paragraph 738ZA(8)(b).