Statute
Section 963E — Corporations Act 2001: Licensee must not accept conflicted remuneration
Text of the provision Official document
(1) A financial services licensee must not accept conflicted remuneration. Note: This subsection is a civil penalty provision (see section 1317E). (2) A financial services licensee contravenes this section if: (a) a representative, other than an authorised representative, of the licensee accepts conflicted remuneration; and (b) the licensee is the, or a, responsible licensee in relation to the contravention. Note: This subsection is a civil penalty provision (see section 1317E).
Official source: Federal Register of Legislation
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