Obligation to assist
ASIC (1) A CS facility licensee must give such assistance to ASIC, or a person authorised by ASIC, as ASIC or the authorised person reasonably requests in relation to the performance of ASIC’s functions. Note: Failure to comply with this subsection is an offence (see subsection 1311(1)). (2) Such assistance may include showing ASIC the licensee’s books or giving ASIC other information. Reserve Bank (3) A CS facility licensee must give such assistance to the Reserve Bank, or a person authorised by the Reserve Bank, as the Reserve Bank or the authorised person reasonably requests in relation to the performance of the Reserve Bank’s functions under this Part or Part 7.3B. Note: Failure to comply with this subsection is an offence (see subsection 1311(1)). (4) Such assistance may include showing the Reserve Bank the licensee’s books or giving the Reserve Bank other information.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.
Try BriefBridge free