Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.12 - MISCELLANEOUS  

Division 1A - Employee share schemes  

Subdivision F - ASIC powers  

SECTION 1100ZM   ASIC ' S POWER TO REQUEST DOCUMENTS  

1100ZM(1)    
ASIC may require a person who makes, or purports to make, an offer of ESS interests to produce to ASIC such documents, or to give to ASIC such information, as ASIC thinks necessary in order to form an opinion about whether the provisions of this Division have been complied with.

1100ZM(2)    
The person must provide the information within such reasonable period, and in such form, as are specified by ASIC.

1100ZM(3)    
An offence based on subsection (2) is an offence of strict liability.


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