Commonwealth Consolidated Acts

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 19

             (1)  This section applies where 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 Division 1.

             (2)  ASIC may, by written notice in the prescribed form given to the person, require the person:

                     (a)  to give to ASIC all reasonable assistance in connection with the investigation; and

                     (b)  to appear before a specified member or 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 63).

             (3)  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 23(1) and section 68.