CTHRepealedAct
Australian Securities and Investments Commission Act 1989
14Minister may direct investigations
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#### 14 Minister may direct investigations
(1) Where, in the Minister’s opinion, it is in the public interest in respect of this jurisdiction for a particular matter to which subsection (2) applies to be investigated, he or she may by writing direct the Commission to investigate that matter.
(2) This subsection applies to a matter relating to any of the following, whether occurring, or alleged to have occurred, within this jurisdiction or elsewhere:
(a) an alleged or suspected contravention of a national scheme law or of a relevant previous law of a jurisdiction;
(b) an alleged or suspected contravention of a law of the Commonwealth or of a State or Territory, being a contravention that:
(i) concerns the management or affairs of a body corporate; or
(ii) involves fraud or dishonesty and relates to a body corporate, securities or futures contracts;
(c) the affairs, or particular affairs, of a corporation;
(d) dealing in securities;
(e) dealing in futures contracts;
(f) the establishment or conducting of a stock market or futures market;
(g) the provision of clearing house facilities for a futures market;
(j) the giving of advice, analyses or reports about securities or futures contracts.
(3) The Commission shall comply with a direction under subsection (1).
(4) A direction under subsection (1) does not prevent the Commission from delegating a function or power.