---
title: "Draft the due-diligence or reliance opinion with Australian market-practice qualifications"
url: "https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/draft-the-due-diligence-or-reliance-opinion-from-the-verified-file/australia"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A4-T1-R10-AU"
practice_area: "Capital Markets & Securities — ECM/DCM and Disclosure"
tier: "red"
lawyer_review: "required"
jurisdictions: ["AU"]
last_reviewed: "2026-09-23"
---

# Draft the due-diligence or reliance opinion with Australian market-practice qualifications

> Build an opinion outline from the verified sources and requested scope, listing Australian market-practice qualifications and assumptions to check.

Canonical page: https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/draft-the-due-diligence-or-reliance-opinion-from-the-verified-file/australia  
Last reviewed: 2026-09-23

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Capital Markets & Securities — ECM/DCM and Disclosure](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure.md) |
| Human involvement | Red: Lawyer writes; AI may check, clarify or collect data |
| How AI is used | Build an opinion outline from the verified sources and requested scope, listing Australian market-practice qualifications and assumptions to check. |
| What the lawyer must review | Have an admitted Australian practitioner verify every statement of law and fact Confirm the due diligence supports the conclusions Get foreign counsel for foreign law (US Securities Act, Hong Kong SFO, UK FSMA) |
| Written for | Australia |
| Applies to | [Draft the due-diligence or reliance opinion from the verified file](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/draft-the-due-diligence-or-reliance-opinion-from-the-verified-file.md) |

## Checking plan

**Lawyer-led judgement**

The lawyer makes the substantive assessment. Any permitted AI assistance remains supporting work with its own checks.

- What the AI does: Potential support includes preparing preliminary structure or wording and identifying points for review. Confirm the tool’s capability and permitted scope.
- What the lawyer does: Set the scope, verify the evidence, resolve exceptions and approve the final output for its intended use.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Suggested checking approach based on the task guidance. Complete the assessment for the actual tool, information and jurisdiction.
- Why: The plan reflects the described work and review requirements. Policy colours are not used to determine permission or checking.
- Restriction: The lawyer makes the substantive assessment. Any permitted AI assistance remains supporting work with its own checks.

## Checks the lawyer makes

1. Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
2. Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.

## Notes

- Confirm the required checking with the responsible lawyer before work starts. The checking approach does not establish permission to use AI.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*