AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 30 Notice to produce books about affairs of body corporate or registered scheme

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 30

  (1)   ASIC may give to:

  (a)   a body corporate that is not an exempt public authority; or

  (b)   an eligible person in relation to such a body corporate;

a written notice requiring the production to a specified member or staff member, at a specified place and time, of specified books relating to affairs of the body.

Note:   Failure to comply with a requirement made under this subsection is an offence (see section   63).

  (2)   ASIC may give to:

  (a)   the responsible entity of a registered scheme; or

  (b)   an eligible person in relation to the responsible entity;

a written notice requiring the production to a specified member or staff member, at a specified place and time, of specified books relating to the operation of the scheme.

Note:   Failure to comply with a requirement made under this subsection is an offence (see section   63).