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StatuteCorporations Act 2001

Section 890F — Corporations Act 2001: Enforcement of the SEGC’s operating rules

Text of the provision Official document

(1) If a person who is under an obligation to comply with or enforce any of the SEGC’s operating rules fails to meet that obligation, an application to the Court may be made by: (a) ASIC; or (b) the SEGC; or (c) a member of the SEGC; or (d) a person aggrieved by the failure. (2) After giving an opportunity to be heard to the applicant and the person against whom the order is sought, the Court may make an order giving directions to: (a) the person against whom the order is sought; or (b) if that person is a body corporate—the directors of the body corporate; about compliance with, or enforcement of, the operating rules.

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.