(1) If APRA believes on reasonable grounds that a body corporate or other person has engaged, is engaging or will engage in conduct:
(a) in contravention of section 9 or 10; or
(b) constituting the aiding, abetting, counselling or procuring of a contravention of section 9 or 10;
APRA may investigate the whole or part of the conduct or proposed conduct, or appoint a person (the inspector ), in writing, to investigate the whole or part of the conduct or proposed conduct.
(2) The inspector is to be a person resident in Australia.