Trade Practices Amendment (Australian Consumer Law) Act (No. 1) 2010 (44 of 2010)

Schedule 3   Amendment of corporations legislation

Part 2   Pecuniary penalties

Australian Securities and Investments Commission Act 2001

13   Subsection 12GLB(1)

Repeal the subsection, substitute:

(1) The Court may, on application by ASIC, make an adverse publicity order in relation to a person who:

(a) has been ordered to pay a pecuniary penalty under section 12GBA; or

(b) is guilty of an offence under section 12GB.