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Section 39 - Australian Securities and Investments Commission Act 2001 - Power to require person to identify property of body corporate | Zoe

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Australian Securities and Investments Commission Act 2001

39Power to require person to identify property of body corporate

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39 Power to require person to identify property of body corporate

A person who has power under this Division to require another person to produce books relating to affairs of a body corporate may, whether or not that power is exercised, require the other person: (a) to identify property of the body; and (b) to explain how the body has kept account of that property.

Note: Failure to comply with a requirement made under this section is an offence (see section 63).

Previous section38Powers where books not produced

Next section39AASIC may give copy of book relating to registered scheme to another person