Commonwealth Consolidated Acts

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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 8A

ASIC's liabilities are Commonwealth liabilities

  (1)   Any financial liabilities of ASIC are taken to be liabilities of the Commonwealth.

  (2)   For the purposes of this section:

"financial liability" means a liability to pay a person an amount where the amount, or the method for working out the amount, has been determined.


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