Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 908BS

Obligation to give ASIC access to licensee's facilities

                   A person commits an offence if:

                     (a)  the person is a benchmark administrator licensee; and

                     (b)  ASIC requests, in writing, the person to provide reasonable access to any of the person's facilities for any of the purposes of this Part; and

                     (c)  the facilities relate to the person's capacity as such a licensee; and

                     (d)  the person fails to comply with the request.

Penalty:  100 penalty units.


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