CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.12 - MISCELLANEOUS  

Division 2 - Other matters  

SECTION 1101D   1101D   DESTRUCTION OF RECORDS BY ASIC  


ASIC may destroy or otherwise dispose of any document that is lodged under, or for the purposes of, a provision of this Chapter if:


(a) ASIC is of the opinion that it is no longer necessary or desirable to retain it; and


(b) it has been in the possession of ASIC for such period as is specified in the regulations, either generally or in relation to a particular document or class of documents.


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