CORPORATIONS ACT 2001 - SECT 961K Civil penalty provision--sections 961B, 961G, 961H and 961J

CORPORATIONS ACT 2001 - SECT 961K

  (1)   A financial services licensee contravenes this section if the licensee contravenes section   961B, 961G, 961H or 961J.

Note:   This subsection is a civil penalty provision (see section   1317E).

  (2)   A financial services licensee contravenes this section if:

  (a)   a representative, other than an authorised representative, of the licensee contravenes section   961B, 961G, 961H or 961J; and

  (b)   the licensee is the, or a, responsible licensee in relation to that contravention.

Note:   This subsection is a civil penalty provision (see section   1317E).