National Consumer Credit Protection Act 2009
This section applies if ASIC, on reasonable grounds, suspects or believes that a person can give information relevant to a matter that it is investigating, or is to investigate, under Part 6-1 .
253(2) [ ASIC powers]ASIC may, by written notice given to the person in the form prescribed by the regulations, require the person:
(a) to give to ASIC all reasonable assistance in connection with the investigation; and
(b) to appear before a specified ASIC member or ASIC staff member for examination on oath and to answer questions.
Note:
Failure to comply with a requirement made under this subsection is an offence (see section 290 ).
253(3) [ Content of notice]A notice given under subsection (2) must:
(a) state the general nature of the matter referred to in subsection (1); and
(b) set out the effect of subsection 257(1) and section 295 .
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