601XAB
In forceProhibition on holding out
Volume 3Chapter 5A, Part 5A.1 to Chapter 6D, Part 6D.5 sections 601 to 742
Chapter 5DLicensed trustee companies
Part 5D.7Contraventions and holding out
601XAB Prohibition on holding out
A person must not hold out that the person is a licensed trustee company if that is not the case.
Note:
Failure to comply with this section is an offence (see subsection 1311(1)).
This Act’s bill:Explanatory memorandumSecond reading speech
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