Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 853S

Statements of reasons

  (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.



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