Section 1014E — Corporations Act 2001: Situation in which only a Supplementary Product Disclosure Statement need be given

If: (a) apart from this section, a person would be required to give another person (the client) a Product Disclosure Statement (the new PDS) relating to a financial product; and (b) the client has, because of some previous conduct, already received a Product Disclosure Statement (the earlier PDS) relating to the financial product; and (c) the earlier PDS contains some, but not all, of the information that the new PDS is required to contain; the person may, instead of giving the client the new PDS, give the client a Supplementary Product Disclosure Statement that contains the additional information.