Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.9A - PRODUCT INTERVENTION ORDERS  

SECTION 1023K   REVOCATION OF PRODUCT INTERVENTION ORDERS  

1023K(1)  
Subject to this section, ASIC may, in writing, revoke a product intervention order. Requirements for revocation of product intervention orders

1023K(2)  
If a declaration under section 1023H is in force in relation to a product intervention order, ASIC must not revoke the order without the Minister ' s approval, given after considering a report from ASIC on whether the order should be revoked.

1023K(3)  
ASIC may, at any time before the order ceases to be in force, give the Minister a report on whether the order should be revoked. Revocation of orders that are legislative instruments

1023K(4)  
A revocation of a product intervention order that is a legislative instrument must be by legislative instrument.


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