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CORPORATIONS ACT 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.4AA - INFRINGEMENT NOTICES FOR ALLEGED CONTRAVENTIONS OF CONTINUOUS DISCLOSURE PROVISIONS    View history reference

SECTION 1317DAJ  PUBLICATION IN RELATION TO INFRINGEMENT NOTICES  

 View history reference

1317DAJ(1)  [Publication of notice]  


If:


(a) ASIC issues an infringement notice to a disclosing entity; and


(b) subsection 1317DAF(3) (compliance with the infringement notice) is satisfied;

ASIC may publish details of the disclosing entity's compliance with the infringement notice under subsection (2) or (3) or under both of those subsections.

1317DAJ(2)  [Publication in the Gazette]  


ASIC publishes details of the disclosing entity's compliance with the infringement notice under this subsection if it publishes a copy of the infringement notice in the Gazette together with the following statements:


(a) a statement that the disclosing entity has complied with the infringement notice;


(b) a statement that compliance with the notice is not an admission of guilt or liability;


(c) a statement that the disclosing entity is not regarded as having contravened the provision specified in the notice.

1317DAJ(3)  [Other types of publication]  


ASIC publishes details of the disclosing entity's compliance with the infringement notice under this subsection if:


(a) ASIC issues a statement (whether written or oral) about the disclosing entity's compliance with the infringement notice; and


(b) the statement is limited to an accurate summary of the infringement notice including:


(i) the name of the disclosing entity; and

(ii) the amount of the penalty payable under the notice in relation to the alleged contravention; and

(iii) the conduct specified in the notice as the conduct in relation to which the infringement notice was issued;
together with the following statements:

(iv) a statement that the disclosing entity has complied with the infringement notice;

(v) a statement that compliance with the notice is not an admission of guilt or liability;

(vi) a statement that the relevant disclosing entity is not regarded as having contravened the provision specified in the notice.

1317DAJ(4)  [ASIC must not publish]  


ASIC must not otherwise publish details of:


(a) an infringement notice; or


(b) a disclosing entity's compliance with an infringement notice.

Failure to comply with this subsection is not an offence.


 



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