NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 223 ASIC may destroy or dispose of certain documents

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 223

    ASIC may destroy or otherwise dispose of any document that is lodged with ASIC under this Act if:

  (a)   ASIC considers that it is no longer necessary or desirable to retain it; and

  (b)   either of the following apply:

  (i)   it has been in ASIC's possession for the period prescribed by the regulations;

  (ii)   a copy of the document has been included in the document register.