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StatuteCorporations Act 2001

Section 963J — Corporations Act 2001: Employer must not give employees conflicted remuneration

Text of the provision Official document

An employer of a financial services licensee, or a representative of a financial services licensee, must not give the licensee or representative conflicted remuneration for work carried out, or to be carried out, by the licensee or representative as an employee of the employer. Note: This section is a civil penalty provision (see section 1317E).

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.