Provision of information and assistance to ASIC
14 Provision of information and assistance to ASIC
(1) The Commissioner may, on his or her own initiative or at the request of ASIC:
(a) provide ASIC with any document, or other information, in the possession or control of the Commissioner that is reasonably required by ASIC in connection with the performance of its functions or exercise of its powers under the National Credit legislation; and
(b) provide ASIC with any other assistance that is reasonably required by ASIC in connection with the performance of its functions or exercise of its powers under the National Credit legislation.
Subsection (1) has effect despite any other Act or law.
This Act’s bill:Explanatory statementSecond reading speech
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