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StatuteCorporations Act 2001

Section 853S — Corporations Act 2001: Statements of reasons

Text of the provision Official document

(1) An FMI banning order given to an individual must be accompanied by a statement of reasons for the order. (2) If ASIC varies an FMI banning order made against an individual, ASIC must, on request by the individual, give the individual a statement of reasons for the variation.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.