National Consumer Credit Protection Act 2009
ASIC may by writing authorise an ASIC member or ASIC staff member (an
authorised person
) to make a requirement of a kind that this Part empowers ASIC to make.
Note:
Failure to comply with a requirement made under this subsection is an offence (see section 290 ).
268(2) [ Scope of authorisation]An authorisation under this section may be of general application or may be limited by reference to all or any of the following:
(a) the persons of whom requirements may be made;
(b) the books that may be required to be produced;
(c) the information that may be required to be given. 268(3) [ Interpretation]
If an authorisation of an authorised person is in force under this section, the authorised person may make a requirement in accordance with the authorisation as if, in sections 265 , 266 and 267 :
(a) a reference to ASIC were a reference to the authorised person; and
(b) a reference to specified books were a reference to books that the authorised person specifies, whether in the requirement or not and whether orally or in writing, to the person of whom the requirement is made; and
(c) a reference to specified information were a reference to information that the authorised person specifies, whether in the requirement or not and whether orally or in writing, to the person of whom the requirement is made; and
(d) a reference to giving or producing to a specified person were a reference to giving or producing to the authorised person.
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