Section 963J — Corporations Act 2001 (Cth)

Employer must not give employees conflicted remuneration

An employer of a financial services licensee, or a representative of a financial services licensee, must not give the licensee or representative conflicted remuneration for work carried out, or to be carried out, by the licensee or representative as an employee of the employer.

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 963F — Licensee must ensure compliance
s 963G — Authorised representative must not accept conflicted remuneration
s 963H — Other representatives must not accept conflicted remuneration
s 963K — Product issuer or seller must not give conflicted remuneration
s 963L — Volume‑based benefits presumed to be conflicted remuneration
s 963M — Person covered by this section in relation to conflicted remuneration

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