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StatuteCorporations Act 2001

Section 964F — Corporations Act 2001: Meaning of asset-based fee

Text of the provision Official document

A fee for providing financial product advice to a person as a retail client is an asset-based fee to the extent that it is dependent upon the amount of funds used or to be used to acquire financial products by or on behalf of the person.

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.