Corporations Act 2001
This section applies if the Minister, ASIC, the Companies Auditors Disciplinary Board or a committee convened under Part 2 of Schedule 2 (the decision maker ) makes a decision to which section 1317B applies.
[ CCH Note: S 1317D(1) will be amended by No 69 of 2020, s 3, Sch 1[1270], by inserting " the Registrar, " after " ASIC, " , (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
1317D(2)
Subject to subsection (3) , the decision maker must take such steps as are reasonable in the circumstances to give to each person whose interests are affected by the decision notice, in writing or otherwise: (a) of the making of the decision; and (b) of the person ' s right to have the decision reviewed by the Tribunal.
1317D(3)
Subsection (2) does not require the decision maker to give notice to a person affected by the decision or to the persons in a class of persons affected by the decision, if the decision maker determines that giving notice to the person or persons is not warranted, having regard to: (a) the cost of giving notice to the person or persons; and (b) the way in which the interests of the person or persons are affected by the decision.
1317D(4)
A failure to comply with this section does not affect the validity of the decision.
1317D(5)
The fact that a person has not been given notice of the decision because of a determination under subsection (3) constitutes special circumstances for the purposes of subsection 20(2) of the Administrative Review Tribunal Act 2024 .
1317D(6)
To avoid doubt, this section, instead of section 266 of the Administrative Review Tribunal Act 2024 , applies to the requirement to give notice of the making of a decision to which section 1317B of this Act applies.
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