CORPORATIONS ACT 2001
The Minister may give a CS facility licensee a written notice requiring the licensee to give ASIC a special report on specified matters. ASIC must give the report to the Minister.823B(2) [ Audit report on special report]
(a) ASIC; or
(b) a specified person or body that is suitably qualified. 823B(3) [ Deadline]
The licensee must give the special report, and audit report (if any), to ASIC within the time required by the notice.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1) ).