Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1213Q

Destruction of records by ASIC

    ASIC may destroy or otherwise dispose of any document that is lodged under, or for the purposes of, a provision of this Chapter or the Passport Rules for this jurisdiction if:

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

  (b)   it has been in the possession of ASIC for such period as is specified in the regulations, either generally or in relation to a particular document or class of documents.

 



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