Commonwealth Consolidated Acts

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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 89

Allowances and expenses

  (1)   A person who, pursuant to a requirement made under section   19, appears for examination is entitled to the prescribed allowances and expenses (if any).

  (2)   A person who, pursuant to a summons issued under section   58, appears at a hearing is entitled to be paid:

  (a)   if the summons was issued at another person's request--by that other person; or

  (b)   otherwise--by ASIC;

the prescribed allowances and expenses (if any).

  (3)   ASIC may pay such amount as it thinks reasonable on account of the costs and expenses (if any) that a person incurs in complying with a requirement made under this Part.


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