ASIC may have regard to prior conduct and events
10.2.90 ASIC may have regard to prior conduct and events
For a provision of Part 7.6 of the Act mentioned in subregulation (2), ASIC is not precluded from having regard to any of the following matters in exercising its powers and performing its functions under the provision:
a matter that arose at any time before the FSR commencement;
a matter that arose during the transition period;
a matter that arose before a person becomes subject to the amended Corporations Act in relation to:
all of the person’s business; or
a particular part of the person’s business.
The provisions are:
paragraph 913B(1)(b); and
paragraph 913B(1)(c); and
subsection 913B(2); and
subsection 913B(3); and
paragraph 915C(1)(a); and
paragraph 915C(1)(aa); and
paragraph 915C(1)(b); and
paragraph 920A(1)(b); and
paragraph 920A(1)(ba); and
paragraph 920A(1)(e); and
paragraph 920A(1)(f); and
regulations made for paragraph 913B(1)(d); and
subsection 912C(1); and
subsection 914A(1); and
paragraphs 915B(1)(a), (b), (c) and (d); and
paragraphs 915B(2)(a), (b) and (c); and
paragraphs 915B(3)(a), (b), (c) and (d); and
paragraphs 915B(4)(a), (b) and (c); and
paragraph 915C(1)(d); and
paragraphs 915C(2)(a) and (b); and
subsection 916G(1); and
paragraph 920A(1)(bb); and
paragraph 920A(1)(c); and
subsection 920D(1).
This Act’s bill:Explanatory statement
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