Business Names Registration Act 2011
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Hide history noteSECTION 75
75 ASIC MAY ISSUE FORMAL WARNING
[ CCH Note: S 75 heading will be amended by No 69 of 2020 (as amended by No 35 of 2022), s 3 and Sch 1 item 317, by substituting " THE REGISTRAR " for " ASIC " , effective 1 July 2026 or a day or days to be fixed by Proclamation. For application and transitional provisions, see note under s 23(2) .]
If ASIC has reasonable grounds to believe that an entity has contravened a provision of this Act, ASIC may, by written notice given to the entity:
(a) inform the entity of that fact; and
(b)
warn the entity of the action that may be taken by ASIC under this Act in response to the contravention.[ CCH Note: S 75 will be amended by No 69 of 2020 (as amended by No 35 of 2022), s 3 and Sch 1 items 318 - 320, by substituting " the Registrar " for " ASIC " (first and second occurring), omitting " , by written notice given to the entity " and substituting " the Registrar " for " ASIC " in para (b), effective 1 July 2026 or a day or days to be fixed by Proclamation. For application and transitional provisions, see note under s 23(2) .]
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