Product issuer or seller must not give conflicted remuneration
(1) An issuer or seller of a financial product must not give a financial services licensee, or a representative of a financial services licensee, conflicted remuneration. Note: This subsection is a civil penalty provision (see section 1317E). Exception for insurance products (2) In determining whether an issuer or seller of a financial product contravenes subsection (1), disregard section 963BB (which is about informed consent for certain insurance commissions).
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.
BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.
Try BriefBridge free