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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12HC Prosecutions

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12HC

Prosecutions

  (1)   Prosecutions for offences:

  (a)   against this Division; or

  (b)   against Part   3 in its application in relation to an investigation of a contravention of this Division;

must be brought only in the Court.

  (2)   Jurisdiction is conferred on the Court to hear and determine such prosecutions.

  (3)   Proceedings before the Court under this section, other than proceedings instituted by:

  (a)   ASIC; or

  (b)   a person authorised in writing by ASIC;

must not be instituted except with the consent in writing of the Minister or of a person authorised by the Minister in writing to give such consents.