Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.6
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LICENSING OF PROVIDERS OF FINANCIAL SERVICES
Division 8
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Banning or disqualification of persons from providing financial services
Subdivision A
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Banning orders
SECTION 920F
STATEMENT OF REASONS
920F(1)
[
Banning order]
A banning order given to a person must be accompanied by a statement of reasons for the order.
920F(2) [ Variation]If ASIC varies a banning order made against a person, ASIC must, on request by the person, give the person a statement of reasons for the variation.
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