National Consumer Credit Protection Act 2009
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.
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