Section 1021G — Corporations Act 2001 (Cth)

Financial services licensee must ensure authorised representative gives etc. disclosure documents or statements as required

(1) A financial services licensee contravenes this subsection if the licensee does not take reasonable steps to ensure that an authorised representative of the licensee complies with their obligations under this Part to give or communicate disclosure documents or statements as and when required by this Part.

Fault‑based offence

(2) A person commits an offence if the person contravenes subsection (1).

Civil liability

(3) A person contravenes this subsection if the person contravenes subsection (1).

Note: This subsection is a civil penalty provision (see section 1317E).

Related sections

• s 1021F — Offence of regulated person (other than preparer) giving disclosure document or statement knowing it to be defective
• s 1021FA — Paragraph 1012G(3)(a) obligation—offences relating to communication of information
• s 1021FB — Paragraph 1012G(3)(a) obligation—offences relating to information provided by product issuer for communication by another person
• s 1021H — Offences if a Product Disclosure Statement (or Supplementary PDS) does not comply with certain requirements
• s 1021I — Offence of giving disclosure document or statement that has not been prepared by the appropriate person
• s 1021J — Offences if preparer etc. of disclosure document or statement becomes aware that it is defective

Research how courts apply s 1021G

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.