Section 961D — Corporations Act 2001 (Cth)

(1) A reasonable investigation into the financial products that might achieve those of the objectives and meet those of the needs of the client that would reasonably be considered relevant to advice on the subject matter sought by the client does not require an investigation into every financial product available.

(2) However, if the client requests the provider to consider a specified financial product, a reasonable investigation into the financial products that might achieve those of the objectives and meet those of the needs of the client that would reasonably be considered relevant to advice on the subject matter sought by the client includes an investigation into that financial product.

Related sections

• s 961A — Application to a financial services licensee acting as an authorised representative
• s 961B — Provider must act in the best interests of the client
• s 961C — Meaning of reasonably apparent
• s 961E — What would reasonably be regarded as in the best interests of the client?
• s 961F — Meaning of basic banking product
• s 961G — Resulting advice must be appropriate to the client

Research how courts apply s 961D

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