28VICircumstances in which a licensee must not accept conflicted remuneration

#### 28VI Circumstances in which a licensee must not accept conflicted remuneration (1) This regulation is made for the purposes of section 158NB of the Act. (2) A licensee must not accept conflicted remuneration if the conflicted remuneration relates to: (a) credit assistance provided by the licensee to a consumer in relation to a credit contract; or (b) whether or how the licensee acts as an intermediary between a credit provider and consumer in relation to a credit contract. (3) However, subregulation (2) does not apply in relation to a credit service provided to a consumer in relation to a credit contract by a credit representative acting within the scope of the credit representative’s actual or apparent authority from the licensee.