Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) ASIC may make an order in writing in respect of a specified class of companies, registered schemes or disclosing entities, relieving any of the following from all or specified requirements of Parts 2M.2, 2M.3 and 2M.4 (other than Division 4):
(a) directors;
(b) the companies, registered schemes or disclosing entities themselves;
(c) auditors of the companies, registered schemes or disclosing entities.
Note: For the criteria for making orders under this section, see section 342.
(2) The order may:
(a) be expressed to be subject to conditions; and
(b) be indefinite or limited to a specified period.
(3) Notice of the making, revocation or suspension of the order must be published in the Gazette .