answersLogoWhite

0


Best Answer

Long answer: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12DB False or misleading representations: (1) A person must not, in trade or commerce, in connection with the supply or possible supply of financial services, or in connection with the promotion by any means of the supply or use of financial services: (a) falsely represent that services are of a particular standard, quality, value or grade; or (b) falsely represent that a particular person has agreed to acquire services; or (c) represent that services have sponsorship, approval, performance characteristics, uses or benefits they do not have; or (d) represent that the person has a sponsorship, approval or affiliation it does not have; or (e) make a false or misleading representation with respect to the price of services; or (f) make a false or misleading representation concerning the need for any services; or (g) make a false or misleading representation concerning the existence, exclusion or effect of any condition, warranty, guarantee, right or remedy. ************************************************** Short answer: Don't lie.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is false representation under the ASIC act?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What three 3 conditions must be present in order for misrepresentation or concealment to prevent recovery under an insurance policy?

(1) The defendant made a false representation of a past or existing material fact susceptible of knowledge. (2) The defendant did so knowing the representation was false, or without knowing whether it was true or false. (3) The defendant intended to induce the plaintiff to act in reliance on that representation.


IPC under section 464?

IPC under Section 464 IT Act -Making a false document


What can you do if a retailer does false advertising?

http://en.wikipedia.org/wiki/Lanham_Act You can take action under the Lanham act which protects consumers from false advertisements.


Under the patriot act is filing a false police report a crime?

What kind of crime? Reporting it to WHO?


What agancy oversees the investigation of cases under the false claim act?

Office of Inspector General


When you signed the SCI NdS you gave up protection under the Whistleblower Protection Act?

True


What was the Act that led to the phrase no taxation without representation?

The stamp act led to the phrase no taxation without representation.


What act did the colonists consider taxation without representation?

Stamp act


When was the False Claims Act established?

The False Claims Act is an act that protects consumers from falsely claimed purchases, and other things. The False Claims Act was established in the year of 1863.


Which act gave women the right to vote in Britain?

The Representation of the People Act


Was the Stamp Act 1765 opposed by Americans?

the act was taxation without representation


What are some slogans for the stamp act?

i'm pretty sure it was "No Taxation Without Representation."