28VMCircumstances in which a mortgage intermediary must not give conflicted remuneration

#### 28VM Circumstances in which a mortgage intermediary must not give conflicted remuneration (1) This regulation is made for the purposes of subsections 158NF(1) and (2) of the Act. (2) A mortgage intermediary must not give conflicted remuneration to a licensee, or a representative of the licensee (other than a credit representative), if it would be a contravention of section 158NB of the Act for the licensee or representative to accept the conflicted remuneration. (3) A mortgage intermediary must not give conflicted remuneration to a credit representative of a licensee if it would be a contravention of subsection 158NC(1) of the Act for the credit representative to accept the conflicted remuneration. Chapter 4—Administration—registers relating to credit activities