Exclusion for offers through licensed intermediaries and DIMS licensees

6 Offers of financial products through licensed intermediaries

(1)

An offer of financial products to a person (A) does not require disclosure under Part 3 of this Act if—

(a)

the offer is by or through a licensed intermediary in the course of supplying prescribed intermediary services to A; and

(b)

the prescribed intermediary services supplied to A by the licensed intermediary in relation to the offer are covered by the market services licence held by the licensed intermediary.

(2)

In this clause, licensed intermediary means a person who holds a market services licence that covers prescribed intermediary services.