Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.4 - LIMITS ON INVOLVEMENT WITH LICENSEES  

Division 2 - Individuals who are not fit and proper are disqualified  

SECTION 853A  

853A   MEANING OF DISQUALIFIED INDIVIDUAL  


An individual is a disqualified individual if:

(a)    a declaration by ASIC that the individual is disqualified is in effect under section 853C ; or

(b)    the individual is disqualified from managing a corporation under section 206B ; or

(c)    the individual is on the Register that ASIC must keep under section 1274AA .


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