Corporations Act 2001
CHAPTER 8A
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ASIA REGION FUNDS PASSPORT
PART 8A.4
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NOTIFIED FOREIGN PASSPORT FUNDS
ASIC may destroy or otherwise dispose of any document that is lodged under, or for the purposes of, a provision of this Chapter or the Passport Rules for this jurisdiction 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.
Division 4
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Providing key information in relation to notified foreign passport funds
Subdivision B
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Obligations to provide information to ASIC
SECTION 1213Q
1213Q
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 or the Passport Rules for this jurisdiction 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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