22BMatters that may be taken into account by Secretary in deciding to revoke an allocation

#### 22B Matters that may be taken into account by Secretary in deciding to revoke an allocation In deciding whether to revoke an allocation under this Subdivision, the Secretary may take into account the following matters: (a) whether the approved participant has failed to manage an allocation in accordance with the objectives of the Scheme; (b) any advice provided to the Secretary by a Commonwealth, State or Territory regulatory authority about whether the conduct of the approved participant in relation to an allocation has contravened a law of the Commonwealth or of a State or Territory; (c) any matters notified to the Secretary about the approved participant’s conduct by a State or Territory government; (d) any conduct by the approved participant in relation to an allocation which the Secretary considers might bring the Scheme into disrepute; (e) the approved participant’s current financial circumstances including, but not limited to, financial circumstances that may significantly limit the approved participant’s capacity to comply with the conditions of the allocation; (f) the nature, significance, persistence and seriousness of any contravention of: (i) a condition of an allocation; or (ii) an obligation under Division 2 of Part 4; (g) the need to ensure that: (i) allocations under the Scheme are properly managed; and (ii) investors maintain confidence in the Scheme; (h) whether the approved participant has ever: (i) become bankrupt; or (ii) applied to take the benefit of any law for the relief of bankrupt or insolvent debtors; or (iii) compounded with his or her creditors; or (iv) assigned his or her remuneration for the benefit of creditors; (i) any other matter that the Secretary considers relevant.