Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.3 - CORPORATE GOVERNANCE OF CCIVs  

Division 4 - Compliance plan for retail CCIVs  

Subdivision A - Documenting the compliance plan  

SECTION 1226C   ASIC MAY REQUIRE FURTHER INFORMATION ABOUT COMPLIANCE PLAN  

1226C(1)    
ASIC may give the corporate director of a retail CCIV a direction, in writing, to give ASIC information about the arrangements contained in the compliance plan. The direction must specify the period (which must be at least 14 days after the direction is given) within which the corporate director must give the information.

1226C(2)    
The corporate director must comply with the direction within the period specified.

1226C(3)    
An offence based on subsection (2) is an offence of strict liability.


 

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