CORPORATIONS ACT 2001 - SECT 925E Agreement unenforceable against client

CORPORATIONS ACT 2001 - SECT 925E

  (1)   This section:

  (a)   applies while both of the following are the case:

  (i)   the client is entitled to give a notice under section   925A;

  (ii)   a notice so given will result under section   925B in rescission of the agreement; and

  (b)   applies after the agreement is rescinded under section   925B;

but does not otherwise apply.

  (2)   The non - licensee is not entitled, as against the client:

  (a)   to enforce the agreement, whether directly or indirectly; or

  (b)   to rely on the agreement, whether directly or indirectly and whether by way of defence or otherwise.