Business Names Registration (Transitional and Consequential Provisions) Act 2011 (127 of 2011)

Schedule 1   Transitional provisions

Part 4   Information-gathering for transitional purposes

14   ASIC may use information disclosed to it by States and Territories in making decisions

ASIC may record and use information disclosed to ASIC by a referring/adopting State or an affected Territory (whether under item 13 or otherwise) for the purposes of making a decision under any of the following provisions:

(a) paragraph 2(1)(b);

(b) paragraph 3(1)(b);

(c) paragraph 7(1)(a);

(d) paragraph 7(1)(b);

(e) paragraph 16(1)(b).

Note: ASIC may also use its power under section 37 of the Business Names Registration Act to request a person to give ASIC information.