Commonwealth Numbered Acts

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

CORPORATIONS ACT 2001 No. 50, 2001 - SECT 838

Disqualification by the Court

(1) Where ASIC:

(a)
revokes under section 824, 825 or 825A or subsection 826(1) a licence held by a person; or

(b)
makes under section 830 against a person an order that is to operate otherwise than only for a specified period;

ASIC may apply to the Court for an order or orders under this section in relation to the person.

(2) On an application under subsection (1), the Court may make one or more of the following:

(a)
an order disqualifying the person, permanently or for a specified period, from holding:

(i)
a dealers licence; or
(ii)
an investment advisers licence; or
(iii)
a dealers licence or an investment advisers licence;
whichever the order specifies;

(b)
an order prohibiting the person, permanently or for a specified period, from doing an act as:

(i)
a representative of a dealer; or
(ii)
a representative of an investment adviser; or
(iii)
a representative of a dealer or of an investment adviser;
whichever the order specifies;

(c)
such other order as it thinks fit;

or may refuse the application.

(3) The Court may revoke or vary an order in force under subsection (2).



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback