National Consumer Credit Protection Act 2009

CHAPTER 5 - ADMINISTRATION  

PART 5-2 - DOCUMENTS LODGED WITH ASIC OR REQUIRED BY THIS ACT  

Division 4 - Other provisions relating to documents lodged with ASIC or required under this Act  

SECTION 223  

223   ASIC MAY DESTROY OR DISPOSE OF CERTAIN DOCUMENTS  
ASIC may destroy or otherwise dispose of any document that is lodged with ASIC under this Act if:

(a) ASIC considers that it is no longer necessary or desirable to retain it; and

(b) either of the following apply:

(i) it has been in ASIC ' s possession for the period prescribed by the regulations;

(ii) a copy of the document has been included in the document register.