100‑5 Commissioner’s exercise of power u100‑5 Commissioner’s exercise of power under this Subdivision

#### 100‑5 Commissioner’s exercise of power under this Subdivision (1) The Commissioner can exercise a power under this Subdivision in relation to a registered entity only if: (a) the registered entity is a federally regulated entity and the Commissioner reasonably believes that: (i) the registered entity has contravened a provision of this Act; or (ii) it is more likely than not that the registered entity will contravene a provision of this Act; or (b) the registered entity is a federally regulated entity and the Commissioner reasonably believes that: (i) the registered entity has not complied with a governance standard; or (ii) it is more likely than not that the registered entity will not comply with a governance standard; or (c) the Commissioner reasonably believes that: (i) the registered entity has not complied with an external conduct standard; or (ii) it is more likely than not that the registered entity will not comply with an external conduct standard. (2) This Subdivision does not apply to an entity that is a responsible entity of the registered entity only because of paragraph 205‑30(c) (about trustees in bankruptcy, liquidators etc.). (3) The Commissioner cannot exercise a power under this Subdivision in relation to a registered entity that is a basic religious charity. > Note: Information relating to suspensions and removals may be placed on the Register in accordance with Division 40.