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 7.3B - CRISIS RESOLUTION FOR CS FACILITY LICENSEES  

DIVISION 3 - STATUTORY MANAGEMENT  

Subdivision D - Additional duties of statutory manager  

SECTION 835A   REPORTING TO RESERVE BANK  

Duty to report to the Reserve Bank on request

835A(1)    
If requested by the Reserve Bank, a statutory manager of a body corporate (other than the Reserve Bank) must give the Reserve Bank a written report showing how the control of the body corporate ' s business is being carried out.

835A(2)    
The report must be given to the Reserve Bank within a reasonable time after the request.

Duty to report to the Reserve Bank on termination of appointment

835A(3)    
If the Reserve Bank terminates the appointment of a statutory manager of a body corporate, the statutory manager of the body corporate must give to the Reserve Bank a written report showing how the control of the body corporate ' s business was carried out over the period the statutory manager was in control.

835A(4)    
The report must be given to the Reserve Bank within a reasonable time after the termination.