Australian Securities and Investments Commission Act 1989
58Power to summon witnesses and take evidence
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58 Power to summon witnesses and take evidence
(1) A member may, by written summons in the prescribed form given to a person: (a) require the person to appear before the Commission at a hearing to give evidence, to produce specified documents, or to do both; and (b) require the person to attend from day to day unless excused, or released from further attendance, by a member. (2) At a hearing, the Commission may take evidence on oath or affirmation, and for that purpose a member may: (a) require a witness at the hearing to either take an oath or make an affirmation; and (b) administer an oath or affirmation to a witness at the hearing. (3) The oath or affirmation to be taken or made by a person for the purposes of this section is an oath or affirmation that the evidence the person will give will be true. (4) The member presiding at a hearing: (a) may require a witness at the hearing to answer a question put to the witness; and (b) may require a person appearing at the hearing pursuant to a summons issued under this section to produce a document specified in the summons. (5) The Commission may permit a witness at a hearing to give evidence by tendering, and if the Commission so requires, verifying by oath, a written statement.