THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82
The Corporations Law is as follows:...

SECTION 1180 COMMISSION MAY REQUIRE PRODUCTION OF AUTHORITY

1180(1) [Production of authority]

Where the Commission has reason to believe that a person:

(a) holds a proper authority from a licensee; or

(b) has done an act as a representative of another person;

then, whether or not the Commission knows who the licensee or other person is, it may require the first-mentioned person to produce:

(c) any proper authority from a licensee; or

(d) any invalid futures authority from a person;

that the first-mentioned person holds.

1180(2) [Offence]

A person shall not, without reasonable excuse, refuse or fail to comply with a requirement under this section.