Draft or review a target-market determination under Part 7.8A
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Produce a first-draft TMD from the product terms and distribution channels, or compare an existing TMD to ASIC RG 274.
- What the lawyer must review
- Reject an 'everyone' market
- Make review triggers product-specific and distribution conditions workable and enforceable
- Apply RG 274 as issued 10 September 2024
- Decide yourself whether the product design fits
- Written for / version
- Commonwealth versionCth
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording and identifying points for review. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.