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CORPORATIONS ACT 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.5 - POWERS OF COURTS  

SECTION 1324B  

1324B  ORDER TO DISCLOSE INFORMATION OR PUBLISH ADVERTISEMENTS  

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Without limiting section 1324, if, on the application of ASIC, the Court is satisfied that a person has engaged in conduct constituting a contravention of a provision of Chapter 5C, 6CA or 6D, subsection 798H(1), section 901E or 903D or Part 7.10, the Court may make either or both of the following orders against that person or a person involved in the contravention:


(a) an order requiring the person to whom it is directed to disclose, in the manner specified in the order, to:


(i) the public; or

(ii) a particular person; or

(iii) a particular class of persons;
the information, or information of a kind, that is specified in the order and is in the person's possession or to which the person has access;


(b) an order requiring the person to whom it is directed to publish, at the person's own expense, in the manner and at times specified in the order, advertisements whose terms are specified in, or are to be determined in accordance with, the order.

[CCH Note: S 1324B will be amended by No 25 of 2017, s 3, Sch 5[27], by inserting ", subsection 981M(1)" after "section 901E or 903D" (effective 4 April 2018).]


 



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