Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 206GA

Involvement of ACCC--leave orders under section 206G

Scope of section

             (1)  This section applies in relation to a person who is disqualified from managing corporations under section 206EA.

Notice lodged with the Registrar before leave application

             (2)  If the person lodges a notice with the Registrar under subsection 206G(2), the Registrar must give the ACCC and ASIC a copy of the notice.

Leave orders

             (3)  If the person lodges a copy of an order with the Registrar under subsection 206G(4), the Registrar must give the ACCC and ASIC a copy of the order.

Revoking leave

             (4)  If ASIC decides to apply for an order under subsection 206G(5) in relation to the person, it must consult the ACCC before making the application.

Definition

             (5)  In this section:

"ACCC" means the Australian Competition and Consumer Commission.



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