QLDIn ForceAct
Introduction Agents Act 2001
sec.56Agreement with opt out clause
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### sec.56 Agreement with opt out clause
This section applies if—
an introduction agreement has an opt out clause; and
the client does not end the agreement on the opt out date.
For sections 49 to 55 , the client is taken to have entered into a new introduction agreement with the introduction agent on the opt out date for the balance of the term of the original agreement.
(sec.56-ssec.1) This section applies if— an introduction agreement has an opt out clause; and the client does not end the agreement on the opt out date.
(sec.56-ssec.2) For sections 49 to 55 , the client is taken to have entered into a new introduction agreement with the introduction agent on the opt out date for the balance of the term of the original agreement.
- (a) an introduction agreement has an opt out clause; and
- (b) the client does not end the agreement on the opt out date.