Delay by ASIC in issuing a show cause notice under s 206F of the Corporations Act goes only to the exercise of the discretion to disqualify, not to the power to do so, confirming [name withheld]. The Tribunal may satisfy the s 206F(2)(a) requirement to have regard to whether corporations are related by assuming relatedness in the applicant's favour and then assessing whether that assumption affects the outcome. Inter-company association is a relevant consideration in deciding whether to issue a show cause notice, not merely in exercising the discretion to disqualify.
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