Obligation to give updated Financial Services Guide
If: (a) the Financial Services Guide is given to the client before the financial service is provided; and (b) the following conditions are satisfied: (i) there is a change in circumstances before the service is provided, and the Financial Services Guide does not contain the information it would be required to contain if it were given to a person immediately after that change; (ii) the fact that the Financial Services Guide does not contain the up to date information is materially adverse from the point of view of a reasonable person deciding, as a retail client, whether to proceed to be provided with the financial service; the providing entity must, before the service is provided: (c) give the client: (i) another Financial Services Guide that contains the up to date information before the service is provided; or (ii) a Supplementary Financial Services Guide (see Subdivision C) that updates the information in the Financial Services Guide; or (d) make website disclosure information available on its website in accordance with Division 2A.
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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