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StatuteCorporations Act 2001

Section 985F — Corporations Act 2001: Assessment of unsuitability of margin lending facility

Text of the provision Official document

For the purposes of paragraph 985E(1)(c), the provider must make an assessment that: (a) specifies the period the assessment covers; and (b) assesses whether the margin lending facility will be unsuitable for the retail client if the facility is issued or the limit is increased in that period. Note: The provider is not required to make the assessment if the margin lending facility is not issued or the limit is not increased.

Official source: Federal Register of Legislation

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