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by jimmcslim 4623 days ago
It would probably argued that under the Corporations Act 2001 as administered by ASIC you are probably offering a financial service here, and are therefore required to hold an Australian Financial Services License.

Good luck!

1 comments

IANAL but applying your implied criteria it seems that every online store should hold AFSL because they take money from consumers. A "financial product" has been clearly defined in CA.