Section 962Z — Corporations Act 2001 (Cth)

Civil penalty provision—charging ongoing fees after arrangement terminated

If an ongoing fee arrangement terminates for any reason, the fee recipient must not charge a fee that purports to be an ongoing fee under the arrangement.

Note: This section 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 962X — Obligation to keep records of compliance
s 962Y — Form for consents
s 962YA — Combining information in a single notice or form
s 962ZA — Effect of termination
s 963 — Application to a financial services licensee acting as an authorised representative
s 963A — Meaning of conflicted remuneration—general

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