Corporations Act 2001
CHAPTER 2D
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OFFICERS AND EMPLOYEES
PART 2D.6
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DISQUALIFICATION FROM MANAGING CORPORATIONS
SECTION 206GA
INVOLVEMENT OF ACCC
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LEAVE ORDERS UNDER SECTION 206G
Scope of section
206GA(1)
This section applies in relation to a person who is disqualified from managing corporations under section 206EA .
Notice lodged with ASIC before leave application
206GA(2)
If the person lodges a notice with ASIC under subsection 206G(2) , ASIC must give the ACCC a copy of the notice.
Leave orders
206GA(3)
If the person lodges a copy of an order with ASIC under subsection 206G(4) , ASIC must give the ACCC a copy of the order.
Revoking leave
206GA(4)
If ASIC decides to apply for an order under subsection 206G(5) in relation to the person, it must consult the ACCC before making the application.
Definition
206GA(5)
In this section:
Note: This Part does not apply to a CCIV: see section 1224E .
View history note
Hide history noteScope of section
206GA(1)
This section applies in relation to a person who is disqualified from managing corporations under section 206EA .
Notice lodged with ASIC before leave application
206GA(2)
If the person lodges a notice with ASIC under subsection 206G(2) , ASIC must give the ACCC a copy of the notice.
[ CCH Note: S 206GA(2) will be substituted by No 69 of 2020, s 3, Sch 1 [ 550] (effective 1 July 2026 or a day or days to be fixed by Proclamation). S 206GA(2) will read:
Notice lodged with the Registrar before leave application
206GA(2)
If the person lodges a notice with the Registrar under subsection 206G(2) , the Registrar must give the ACCC and ASIC a copy of the notice.]
Leave orders
206GA(3)
If the person lodges a copy of an order with ASIC under subsection 206G(4) , ASIC must give the ACCC a copy of the order.
[ CCH Note: S 206GA(3) will be substituted by No 69 of 2020, s 3, Sch 1 [ 550] (effective 1 July 2026 or a day or days to be fixed by Proclamation). S 206GA(3) will read:
Leave orders
206GA(3)
If the person lodges a copy of an order with the Registrar under subsection 206G(4) , the Registrar must give the ACCC and ASIC a copy of the order.]
Revoking leave
206GA(4)
If ASIC decides to apply for an order under subsection 206G(5) in relation to the person, it must consult the ACCC before making the application.
Definition
206GA(5)
In this section:
ACCC
means the Australian Competition and Consumer Commission.
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