CTHRepealedAct
Australian Securities and Investments Commission Act 1989
12DHReferral selling
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12DH Referral selling
A corporation must not, in trade or commerce, induce a consumer to acquire financial services by representing that the consumer will, after the contract to acquire the services is made, receive a rebate, commission or other benefit in return for: (a) giving the corporation the names of prospective customers; or (b) otherwise assisting the corporation to supply financial services to other consumers; if receipt of the rebate, commission or other benefit is contingent on an event occurring after that contract is made.