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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 19

Notice requiring appearance for examination

  (1)   This section applies where ASIC, on reasonable grounds, suspects or believes that a person can give information relevant to a matter that it is investigating, or is to investigate, under Division   1.

  (2)   ASIC may, by written notice in the prescribed form given to the person, require the person:

  (a)   to give to ASIC all reasonable assistance in connection with the investigation; and

  (b)   to appear before a specified member or staff member for examination on oath or affirmation and to answer questions.

Note:   Failure to comply with a requirement made under this subsection is an offence (see section   63).

  (3)   A notice given under subsection   (2) must:

  (a)   state the general nature of the matter referred to in subsection   (1); and

  (b)   set out the effect of subsection   23(1) and section   68.



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