CORPORATIONS ACT 2001
(a) corporations; or
(b) a particular class of corporations; or
(c) a particular corporation;
if the person was not disqualified by ASIC.206G(2) [ Time limit]
The person must lodge a notice with ASIC at least 21 days before commencing the proceedings. The notice must be in the prescribed form.206G(3) [ Order may be conditional]
The order granting leave may be expressed to be subject to exceptions and conditions determined by the Court.206G(4) [ Lodgment with ASIC]
The person must lodge with ASIC a copy of any order granting leave within 14 days after the order is made.206G(5) [ Revocation of leave]
On application by ASIC, the Court may revoke the leave. The order revoking leave does not take effect until it is served on the person.
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