Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1101D

Destruction of records by ASIC

                   ASIC may destroy or otherwise dispose of any document that is lodged under, or for the purposes of, a provision of this Chapter if:

                     (a)  ASIC is of the opinion that it is no longer necessary or desirable to retain it; and

                     (b)  it has been in the possession of ASIC for such period as is specified in the regulations, either generally or in relation to a particular document or class of documents.



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