Document ID: chunk:federal_register_of_legislation:C2025C00182:section:12dd
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 12DD
Character Range: 126365–127201

12DD  Cash price to be stated in certain circumstances
 (1) A person must not, in trade or commerce, in connection with:
 (a) the supply or possible supply of financial services; or
 (b) the promotion by any means of the supply or use of financial services;
make a representation about an amount that, if paid, would constitute a part of the consideration for the supply of the services unless the person also specifies the cash price for the services.
Note: Failure to comply with this subsection is an offence (see section 12GB).
 (2) This section does not apply to dealings in securities (within the meaning of Chapter 6 of the Corporations Act).
 (3) An offence under subsection 12GB(1) relating to subsection (1) of this section is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.