Commonwealth Consolidated Regulations

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION REGULATIONS 2001 - REG 20

                   As soon as practicable after receiving an application, the Panel must:

                     (a)  decide whether to conduct proceedings in relation to the application; and

                     (b)  if the Panel decides to conduct proceedings--prepare a brief setting out:

                              (i)  a general description of the matters to be examined in the Panel proceedings; and

                             (ii)  the issues to be addressed in submissions for the proceedings.