Brief

Financial Accountability Regime (Consequential Amendments) Act 2023 No. 68, 2023

Penalty: Imprisonment for 2 years.

A document is an exempt document for the purposes of section 38 of the Freedom of Information Act 1982 if the document:

(a) is protected information and was given or produced to ASIC; or (b) contains protected information disclosed to, or obtained by, ASIC for the purposes of a function conferred on ASIC by: (c) the Financial Accountability Regime Act 2023; (d) the Financial Accountability Regime (Consequential Amendments) Act 2023.

18 After paragraph 136(1)(da) Insert: (db) information about investigations (including joint investigations) conducted by ASIC under Division 1 of Part 4 of Chapter 3 of the Financial Accountability Regime Act 2023 during the period;

19 After subsection 136(2A) Insert: (3) Paragraph (1)(db) does not authorise the inclusion in the annual report of information with respect to the affairs of a particular person.

20 In the appropriate position Insert: Authorised Version C2023A00068Schedule 1 Consequential amendments

Part 1 Amendments for the start of the financial accountability regime

Hello!

To view this content, please sign up or log in – it’s free and easy! Stay ahead with curated regulatory insights designed for professionals like you.

Go to Home Page

Highlights content goes here...

Hello!

To view this content, please sign up or log in – it’s free and easy! Stay ahead with curated regulatory insights designed for professionals like you.

Go to Home Page

Australian Government - Federal Register of Legislation

Quick Insight
RADA.AI
RADA.AI
Hello! I'm RADA.AI - Regulatory Analysis and Decision Assistance. Your Intelligent guide for compliance and decision-making. How can i assist you today?
Suggested

Form successfully submitted. One of our GRI rep will contact you shortly

Thanking You!

Enter your Email

Enter your registered username/email id.

Enter your Email

Enter your email id below to signup.
Individual Plan
$125 / month OR $1250 / year
Features
Best for: Researchers, Legal professionals, Academics
Enterprise Plan
Contact for Pricing
Features
Best for: Law Firms, Corporations, Government Bodies