Section 952K — Corporations Act 2001: Offence if authorised representative gives out unauthorised Financial Services Guide, Supplementary FSG or website disclosure information
Text of the provision Official document
An authorised representative of a financial services licensee commits an offence if: (a) the representative: (i) gives a person a Financial Services Guide, or a Supplementary Financial Services Guide, in circumstances in which it is required by a provision of this Part to be given to the person; or (ii) gives, or makes available to, a person a Financial Services Guide, or a Supplementary Financial Services Guide, reckless as to whether the person will or may rely on the information in it; or (iii) makes available on its website a disclosure document or statement, being website disclosure information, in circumstances in which it is required by a provision of this Part to do so; or (iv) makes available on its website a disclosure document or statement, being website disclosure information, reckless as to whether a person will or may rely on the information; and (b) the licensee has not authorised the distribution by the representative of the Financial Services Guide, the Supplementary Financial Services Guide or the website disclosure information.
Official source: Federal Register of Legislation
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