New Zealand Legislation: Acts

19 Who is permitted to provide class service to retail clients

• The following persons are permitted to provide a class service to a retail client:

  • (a) an authorised financial adviser:

  • (b) a QFE adviser:

  • (c) a registered person (whether an individual or an entity):

  • (d) an exempt provider (whether an individual or an entity), other than an overseas financial adviser (see paragraph (a) of the definition of exempt provider in section 5).

  Section 19: substituted, on 1 July 2010, by section 10 of the Financial Advisers Amendment Act 2010 (2010 No 40).