11FASIC’s power to intervene in proceedings

#### 11F ASIC’s power to intervene in proceedings (1) ASIC may intervene in any proceeding relating to a matter arising under: (a) this Act; or (b) Part 3 of the Medical Indemnity (Prudential Supervision and Product Standards) Act 2003. (2) If ASIC intervenes in a proceeding under subsection (1): (a) ASIC is taken to be a party to the proceeding; and (b) ASIC has all the rights, duties and liabilities of such a party (subject to this Act or Part 3 of the Medical Indemnity (Prudential Supervision and Product Standards) Act 2003, as the case requires). (3) Without limiting subsection (2), ASIC may appear and be represented in a proceeding in which it intervenes under subsection (1): (a) by a staff member of ASIC; or (b) by a natural person or body to whom ASIC has delegated its functions and powers under this Act; or (c) by a solicitor or by counsel.