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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12DF

Certain misleading conduct in relation to financial services

  (1)   A person must not, in trade or commerce, engage in conduct that is liable to mislead the public as to the nature, the characteristics, the suitability for their purpose or the quantity of any financial services.

Note:   Failure to comply with this subsection is an offence (see section   12GB).

  (2)   An offence under subsection   12GB(1) relating to subsection   (1) of this section is an offence of strict liability.

Note:   For strict liability , see section   6.1 of the Criminal Code .


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