Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1180

Commission may require production of authority
1180. (1) Where the Commission has reason to believe that a person:

   (a)  holds a proper authority from a licensee; or

   (b)  has done an act as a representative of another person; then, whether
        or not the Commission knows who the licensee or other person is, it
        may require the first-mentioned person to produce:

   (c)  any proper authority from a licensee; or

   (d)  any invalid futures authority from a person; that the first-mentioned
        person holds.

(2) A person shall not, without reasonable excuse, refuse or fail to comply
with a requirement under this section. 


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