intermediary service
means, subject to subsection (3)(b), any act other than the furnishing of advice, performed by a person for or on behalf of a client or product supplier –
| a) | the result of which is that a client may enter into, offers to enter into or enters into any transaction in respect of a financial product with a product supplier; or |
| i) | buying, selling or otherwise dealing in (whether on a discretionary or non-discretionary basis), managing, administering, keeping in safe custody, maintaining or servicing a financial product purchased by a client from a product supplier or in which the client has invested; |
| ii) | collecting or accounting for premiums or other moneys payable by the client to a product supplier in respect of a financial product; or |
| iii) | receiving, submitting or processing the claims of a client against a product supplier; |