449
CurrentClaims against Fidelity Fund relating to managed investment schemes connected with legal practitioners
Chapter 3Conduct of legal practice
Part 3.6Mortgage practices and managed investment schemes
Division 3Managed investment schemes
449 Claims against Fidelity Fund relating to managed investment schemes connected with legal practitioners
A person who entrusts money to a legal practitioner to be invested in a managed investment scheme operated by a responsible entity is not entitled to make a claim against the Fidelity Fund for the purpose of obtaining compensation for any pecuniary loss arising from that investment.
This Act’s bill:Explanatory statementSecond reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.