What the official record says
This Act is the Financial Advisers Amendment Act . This Act comes into force on the day after the date on which it receives the Royal assent. amends the Financial Advisers Act 2008. Section 13(1) is amended by adding and also by adding the following paragraph: a disclosure statement for the purposes of the Retirement Villages Act 2003. Section 17(1) is amended by omitting ) and substituting . Section 18(1) is amended by inserting after . Section 26 is amended by repealing subsection (1) and substituting the following subsections: This section applies— if a financial adviser ( )— is not an authorised financial adviser; and is an employee or agent of a QFE; and performs a financial adviser service in relation to a category 2 product in the course of the QFE's business; or if a financial advi