CTHRepealedAct
Australian Securities and Investments Commission Act 1989
16Interim report on investigation
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#### 16 Interim report on investigation
(1) Where, in the course of an investigation under this Division, the Commission forms the opinion that:
(a) a serious contravention of a law of the Commonwealth or a State or Territory has been committed;
(b) to prepare an interim report about the investigation would enable or assist the protection, preservation or prompt recovery of property; or
(c) there is an urgent need for a national scheme law to be amended;
it shall prepare an interim report that relates to the investigation and sets out:
(d) if paragraph (a) applies—its findings about the contravention, and the evidence and other material on which those findings are based;
(e) if paragraph (b) applies—such matters as, in its opinion, will so enable or assist; or
(f) if paragraph (c) applies—its opinion about amendment of that law, and its reasons for that opinion;
and such other matters relating to, or arising out of, the investigation as it thinks fit.
(2) The Commission may prepare an interim report about an investigation under this Division and shall do so if the Minister so directs.
(3) A report under subsection (2) shall set out such matters relating to, or arising out of, the investigation as the Commission thinks fit or the Minister directs.