Commonwealth Consolidated Acts

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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 ASIC before leave application

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

Leave orders

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


  (5)   In this section:

"ACCC" means the Australian Competition and Consumer Commission.

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