Funeral Benefit Business Act 1982
sec.78Person to be advised that the person may enter into an agreement with an authorised investment manager
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sec.78 Person to be advised that the person may enter into an agreement with an authorised investment manager
Subsection (2) applies to an entity other than an authorised investment manager. Before the entity enters into a funeral benefit agreement with a person, the entity must advise the person that the person may instead enter into a funeral benefit agreement with an authorised investment manager. Maximum penalty—134 penalty units. s 78 ins 2003 No. 73 s 184 (sec.78-ssec.1) Subsection (2) applies to an entity other than an authorised investment manager. (sec.78-ssec.2) Before the entity enters into a funeral benefit agreement with a person, the entity must advise the person that the person may instead enter into a funeral benefit agreement with an authorised investment manager. Maximum penalty—134 penalty units.