Section 946A — Corporations Act 2001 (Cth)

Obligation to give client a Statement of Advice

(1) The providing entity must give the client a Statement of Advice in accordance with this Subdivision and Subdivision D.

(2) The Statement of Advice may be:

(a) the means by which the advice is provided; or

(b) a separate record of the advice.

(3) This section has effect subject to sections 946AA and 946B.

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

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

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.

Related sections

s 943M — Altering website disclosure information after it has been made available
s 943N — Record of advice must be provided in certain circumstances
s 944A — Situation in which Division applies
s 946AA — Small investments—Statement of Advice not required
s 946B — Other situations in which a Statement of Advice is not required
s 946C — Timing of giving Statement of Advice

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