THE CORPORATIONS LAW

CHAPTER 6C - INFORMATION ABOUT OWNERSHIP OF LISTED COMPANIES AND MANAGED INVESTMENT SCHEMES

PART 6C.2 - TRACING BENEFICIAL OWNERSHIP OF SHARES

SECTION 672C   ASIC MAY PASS INFORMATION ON TO PERSON WHO MADE REQUEST  

672C    If ASIC receives information in response to a direction under section 672A about shares in a company or interests in a listed managed investment scheme, ASIC:

(a)  may pass the information on to the company or the responsible entity for the scheme; and

(b)  if ASIC gave the direction in response to a request under subsection 672A(2) - must pass the information on to the person who made the request unless ASIC considers it would be unreasonable in all the circumstances to do so.


 

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