ASIC must consult Reserve Bank
(1) Before exercising a power under subsection 820C(1) or (7), 822E(2), 824B(1) or (2), 825A(1), 826A(1) or 826C(1) or section 826E, ASIC must consult the Reserve Bank.
Reserve Bank must consult ASIC
(2) Before exercising a power under subsection 820CA(1), (3), (7) or (9), the Reserve Bank must consult ASIC.