Australian Securities and Investments Commission Act 1989
59Proceedings at hearings
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59 Proceedings at hearings
(1) A hearing shall be conducted with as little formality and technicality, and with as much expedition, as the requirements of national scheme laws of this jurisdiction and a proper consideration of the matters before the Commission permit. (2) At a hearing, the Commission: (a) is not bound by the rules of evidence; (b) may, on such conditions as it thinks fit, permit a person to intervene; and (c) shall observe the rules of natural justice. (3) Subject to subsection (4), Division 4 of Part 4 (other than section 104) applies, so far as practicable, in relation to a hearing as if the hearing were a meeting of the Commission. (4) At a hearing before a Division of the Commission, 2 members of the Division form a quorum. (5) At a hearing, a natural person may appear in person or be represented by an employee of the person approved by the Commission. (6) A body corporate may be represented at a hearing by an officer of the body corporate approved by the Commission. (7) An unincorporated association, or a person in the person’s capacity as a member of an unincorporated association, may be represented at a hearing by a member or officer of the association approved by the Commission. (8) Any person may be represented at a hearing by a barrister or solicitor of the Supreme Court of a State or Territory or of the High Court.