Part cannot be contracted out of
A condition of a contract for the acquisition of a financial product is void if it provides that a party to the contract is: (a) required or bound to waive compliance with any requirement of this Part (or of regulations made for the purposes of this Part); or (b) if the acquisition occurs in circumstances in which the party is required by a provision of this Part to have been given a Product Disclosure Statement for the product—taken to have notice of any contract, document or matter not specifically referred to in a Product Disclosure Statement or Supplementary Product Disclosure Statement given to the party.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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