384Inspection of books

384 Inspection of books

384 Inspection of books

(1) The investigator, by force of this section, has and may exercise the same powers as those conferred on ASIC by sections 30(1), 34 and 37 to 39 of the ASIC Act.

(2) Those provisions apply to the exercise of those powers, with the following modifications (and any other necessary modifications)—

(a) a reference to ASIC (however expressed) is taken to be a reference to the investigator;

(b) a reference to a corporation (including a corporation that is not an exempt public authority) is taken to be a reference to an incorporated legal practice;

(c) a reference to an eligible person in relation to an incorporated legal practice is taken to be a reference to an officer or employee of the incorporated legal practice;

(d) a reference to a member or staff member is taken to be a reference to the designated local regulatory authority or a person authorised by the local regulatory authority who is a member of the staff of the local regulatory authority;

(e) a reference in section 37 of that Act to a proceeding is taken to be a reference to an investigation, examination or audit to which this Part applies.