Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 No. 50, 2001 - SECT 1200

Opportunity for hearing

(1) ASIC must not:

(a)
refuse an application for a licence on the ground, or grounds including the ground, that paragraph 1144A(2)(d), (e) or (f) or 1145(2)(e) or (f) does not apply in relation to the applicant; or

(b)
impose conditions on a licence; or

(c)
vary the conditions of a licence; or

(d)
revoke or suspend a licence otherwise than by virtue of section 1189A or 1190 or paragraph 1192(1)(a); or

(e)
make, otherwise than by virtue of paragraph 1192A(a) or (d) or 1193(a),
(b)
or (c), an order under section 1194 against a person; or

(f)
make under subsection 1195(2) an order varying a banning order against a person; or

(g)
refuse an application by a person under section 1196;

unless ASIC complies with subsection (2) of this section.

(2) ASIC must give the applicant, licensee or person, as the case may be, an opportunity:

(a)
to appear at a hearing before ASIC that takes place in private; and

(b)
to make submissions and give evidence to ASIC in relation to the matter.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback