Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
Ch 7 amended by No 8 of 2022, s 3, Sch 2[165] (effective 1 July 2022).
Ch 7 inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].
As Act No 122 of 2001 repealed Ch 7 and 8 the history notes for Ch 7 use " inserted " and references to the former provisions have been removed.
The Minister may give a CS facility licensee a written notice requiring the licensee to give ASIC a special report on specified matters. ASIC must give the report to the Minister.
823B(2)
The notice may also require the licensee to give ASIC an audit report on the special report. The Minister must nominate to prepare the report: (a) ASIC; or (b) a specified person or body that is suitably qualified.
823B(3)
The licensee must give the special report, and audit report (if any), to ASIC within the time required by the notice.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1) ).
S 823B inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].
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