Section 961P — Corporations Act 2001: Meaning of responsible licensee

The, or a, responsible licensee, in relation to a contravention of a provision of this Part, is: (a) if the person who contravenes the provision is a representative of only one financial services licensee—that financial services licensee; or (b) if the person who contravenes the provision is a representative of more than one financial services licensee: (i) if, under the rules in section 917C, one of those licensees is responsible for the person’s conduct—that licensee; or (ii) if, under the rules in section 917C, 2 or more of those licensees are jointly and severally responsible for the person’s conduct—each of those licensees.