205E
In forceASIC’s power to ask for information about person’s position as director or secretary
Volume 1Chapter 1, Part 1.1 to Chapter 2J, Part 2J.4 sections 1 to 260E
Chapter 2DOfficers and employees
Part 2D.5Public information about directors and secretaries
205E ASIC’s power to ask for information about person’s position as director or secretary
(1)
ASIC may ask a person, in writing, to inform ASIC:
(a)
whether the person is a director or secretary of a particular company; and
(b)
if the person is no longer a director or secretary of the company—the date on which the person stopped being a director or secretary.
(2)
The person must give the information to ASIC in writing by the date specified in the request.
(3)
An offence based on subsection (2) is an offence of strict liability.
Note:
For strict liability, see section 6.1 of the Criminal Code.
This Act’s bill:Explanatory memorandumSecond reading speech
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