CTHRepealedAct
Securities Industry Act 1980
60JCommission may require production of authority
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##### 60J Commission may require production of authority
(1) Where the Commission has reason to believe that a person:
(a) holds a proper authority from a licensee or recognised licensee; or
(b) has done an act as a representative of another person;
then, whether or not the Commission knows who the licensee, recognised licensee or other person is, it may require the first‑ mentioned person to produce:
(c) any proper authority from a licensee or recognised licensee; or
(d) any invalid authority from a person;
that the first‑mentioned person holds.
(2) A person shall not, without reasonable excuse, refuse or fail to comply with a requirement under this section.
Penalty: $2,500 or imprisonment for 6 months, or both.