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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 672C ASIC may pass information on to person who made

CORPORATIONS ACT 2001 No. 50, 2001 - SECT 672C

ASIC may pass information on to person who made request

If ASIC receives information in response to a direction under section 672A about shares in a company or interests in a listed managed investment scheme, ASIC:

(a)
may pass the information on to the company or the responsible entity for the scheme; and

(b)
if ASIC gave the direction in response to a request under subsection 672A(2)—must pass the information on to the person who made the request unless ASIC considers it would be unreasonable in all the circumstances to do so.