Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1296

1296. (1) Where the Board decides to exercise any of its powers under
section 1292 in relation to a person, or decides that it is required to make
an order under subsection 1292 (7) in relation to a person, the Board shall,
within 14 days after the decision:

   (a)  give to the person a notice in writing setting out the decision and
        the reasons for it;

   (b)  lodge a copy of the notice referred to in paragraph (a); and

   (c)  cause to be published in the Gazette a notice in writing setting out
        the decision.

(2) Where the Board decides to refuse to exercise its powers under section 
1292 in relation to a person, or decides that it is not required to make an
order under subsection 1292 (7) in relation to a person, the Board shall,
within 14 days after the decision:

   (a)  give to the person a notice in writing setting out the decision and
        the reasons for it; and

   (b)  lodge a copy of the notice referred to in paragraph (a).

(3) The validity of a decision of the Board is not affected by failure of the
Board to comply with subsection (1) or (2), as the case requires, in relation
to the decision.