Commonwealth Consolidated Acts

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BUSINESS NAMES REGISTRATION ACT 2011 - SECT 75

ASIC may issue formal warning

    If ASIC has reasonable grounds to believe that an entity has contravened a provision of this Act, ASIC may, by written notice given to the entity:

  (a)   inform the entity of that fact; and

  (b)   warn the entity of the action that may be taken by ASIC under this Act in response to the contravention.


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