Managed Investments Act 1998 (62 of 1998)

Schedule 2  

Part 2   Amendment of the Australian Securities and Investments Commission Act 1989

182   After section 39

Insert in Division 3 of Part 3:

39A Commission may give copy of book relating to registered scheme to another person

(1) The Commission may, subject to such conditions (if any) as it imposes, give to a person a copy of any book in its possession that relates to a registered scheme.

(2) If a copy of a book is given to a person under subsection (1) subject to conditions, the person, and any other person who has possession, custody or control of the copy or a copy of it, must comply with the conditions.

Penalty: 10 penalty units or imprisonment for 3 months, or both.