Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 979

Power of Board to require production of securities etc.
979. (1) The Board may, by notice served on a person, require the person to
give to SEGC specified securities, documents, or statements of evidence,
necessary to support a claim or necessary for the purpose of:

   (a)  exercising SEGC's rights against a member, or a member organisation,
        of a participating exchange or against any other person; or

   (b)  enabling criminal proceedings to be taken against a person.

(2) Where a person fails, without reasonable excuse, to comply with a
requirement under subsection (1), SEGC may disallow a claim made by the
person. 


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