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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 163 Affected persons may request hearings to be held in public

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 163

Affected persons may request hearings to be held in public

  (1)   A person may request that a hearing (or a part of a hearing) of a Financial Services and Credit Panel in relation to a proposed decision affecting the person be held in public.

  (2)   The panel must decide to:

  (a)   hold the hearing (or that part of the hearing) in public; or

  (b)   not hold the hearing (or that part of the hearing) in public.

  (3)   In making a decision under subsection   (2), the panel must have regard to the following:

  (a)   whether evidence that may be given, or a matter that may arise, during the hearing (or that part of the hearing) is of a confidential nature or relates to the commission, or to the alleged or suspected commission, of an offence;

  (b)   any unfair prejudice to a person's reputation that would be likely to be caused if the hearing (or that part of the hearing) took place in public;

  (c)   whether it is in the public interest that the hearing (or that part of the hearing) take place in public;

  (d)   any other relevant matter.