Statute
Section 961E — Corporations Act 2001: What would reasonably be regarded as in the best interests of the client?
Text of the provision Official document
It would reasonably be regarded as in the best interests of the client to take a step, if a person with a reasonable level of expertise in the subject matter of the advice that has been sought by the client, exercising care and objectively assessing the client’s relevant circumstances, would regard it as in the best interests of the client, given the client’s relevant circumstances, to take that step.
Official source: Federal Register of Legislation
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