Section 1021N — Corporations Act 2001: Offence of failing to provide additional information requested under section 1017A

A person (the responsible person) commits an offence if: (a) a request is made to them by another person, in accordance with subsection 1017A(1), to provide further information about a financial product; and (b) the responsible person is required by subsection 1017A(2) to give the other person the information; and (c) the other person has paid any charge in respect of the request, being a charge that is in accordance with subsections 1017A(5) and (6); and (d) the responsible person does not take reasonable steps to ensure that, as soon as practicable after receiving the request, and in any event within one month, the information is provided to the other person in accordance with subsection 1017A(4).