Section 985F — Corporations Act 2001 (Cth)

Assessment of unsuitability of margin lending facility

For the purposes of paragraph 985E(1)(c), the provider must make an assessment that:

(a) specifies the period the assessment covers; and

(b) assesses whether the margin lending facility will be unsuitable for the retail client if the facility is issued or the limit is increased in that period.

Note: The provider is not required to make the assessment if the margin lending facility is not issued or the limit is not increased.

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 985D — Financial services licensees etc. not to deal in general insurance products from unauthorised insurers etc.
s 985EA — Application of this Subdivision
s 985E — Requirements before issuing etc. margin lending facility
s 985G — Reasonable inquiries etc. about the retail client
s 985H — When margin lending facility must be assessed as unsuitable
s 985J — Giving the retail client the assessment

Research how courts apply s 985F

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

Try BriefBridge free