Document ID: chunk:federal_register_of_legislation:F2024L01276:clause:1_4
Version: federal_register_of_legislation:F2024L01276
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 8454–10368

4                                              where:                                                                                                                                                                                                                                            notify the Board or Commissioner (as the case requires) that you have advised your client that a statement made to the Board or Commissioner should be corrected and you are not reasonably satisfied that your advice was acted upon.
                                               (a) you made or prepared the statement, or permitted or directed someone else to make or prepare the statement, for a client; and                                                                                                                 However, this item does not apply to the extent that:
                                               (b) after a reasonable period of time after taking the steps mentioned in item 2 of this table, you are not reasonably satisfied that your client has corrected the statement or otherwise adequately explained the basis for the statement; and  (a) doing so would pose an unreasonable risk to your personal safety, or the safety of a member of your family or an at risk staff member of yours; or
                                               (c) either subparagraphs (2)(d)(ii) or (iii) are satisfied in relation to the false or misleading nature of the statement; and                                                                                                                    (b) doing so would be unlawful under another Australian law.
                                               (d) you have reasonable grounds to believe your client's actions have caused, are causing, or may still cause, substantial harm to the interests of others (including investors, creditors, employees, or the public)