AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 25 Giving to other persons copies of record

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 25

  (1)   ASIC may give a copy of a written record of the examination, or such a copy together with a copy of any related book, to a person's lawyer if the lawyer satisfies ASIC that the person is carrying on, or is contemplating in good faith, a proceeding in respect of a matter to which the examination related.

  (2)   If ASIC gives a copy to a person under subsection   (1), the person, or any other person who has possession, custody or control of the copy or a copy of it, must not, except in connection with preparing, beginning or carrying on, or in the course of, a proceeding:

  (a)   use the copy or a copy of it; or

  (b)   publish, or communicate to a person, the copy, a copy of it, or any part of the copy's contents.

Penalty:   30 penalty units.

  (2A)   Subsection   (2) is an offence of strict liability.

Note:   For strict liability , see section   6.1 of the Criminal Code .

  (3)   ASIC may, subject to such conditions (if any) as it imposes, give to a person a copy of a written record of the examination, or such a copy together with a copy of any related book.