Financial Advisers Act 2008 No 91 (as at 01 July 2011), Public Act

7 Outline
  • (1) This Part is divided into 3 subparts.

    (2) Subpart 1 defines what a financial adviser service is and what financial advice is, and other key related definitions.

    (3) Subpart 1A sets out the restrictions on providing financial adviser services and the restrictions on persons holding themselves out as certain kinds of advisers.

    (4) Subpart 2 describes the disclosure and conduct obligations of a financial adviser under this Act and when they apply.

    Section 7: substituted, on 1 July 2010, by section 10 of the Financial Advisers Amendment Act 2010 (2010 No 40).