Commonwealth Consolidated Acts

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 170

  (1)   A person commits an offence if:

  (a)   the person is required to do something in accordance with a summons given to the person under subsection   165(1); and

  (b)   the person fails to comply with the requirement.

Penalty:   50 penalty units.

  (2)   A person commits an offence if:

  (a)   the person is required under paragraph   165(2)(a) to take an oath or make an affirmation; and

  (b)   the person fails to comply with the requirement.

Penalty:   50 penalty units.

  (3)   A person commits an offence if:

  (a)   the person is required under subsection   165(4) to answer a question or produce a document; and

  (b)   the person fails to comply with the requirement.

Penalty:   50 penalty units.

  (4)   An offence against subsection   (1), (2) or (3) is an offence of strict liability.