CORPORATIONS ACT 2001 - SECT 920F Statement of reasons
CORPORATIONS ACT 2001 - SECT 920F
Statement of reasons(1) A banning order given to a person must be accompanied by a statement of reasons for the order.
(2) If ASIC varies a banning order made against a person, ASIC
must, on request by the person, give the person a statement of reasons for the
variation.