Australian Securities and Investments Commission Act 1989
22Examination to take place in private
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22 Examination to take place in private
(1) The examination shall take place in private and the inspector may give directions about who may be present during it, or during a part of it. (2) A person shall not be present at the examination unless he or she: (a) is the inspector, the examinee or a member; (b) is a staff member approved by the Commission; or (c) is entitled to be present by virtue of: (i) a direction under subsection (1); or (ii) subsection 23(1).
Penalty: 10 penalty units or imprisonment for 3 months, or both.