Section 853E — Corporations Act 2001 (Cth)

Revoking a declaration

(1) ASIC may, in writing, revoke a declaration under section 853C if it is no longer satisfied as mentioned in subsection 853C(2) in relation to the individual in question.

(2) ASIC must give a copy of the revocation to the relevant applicant or licensee and the individual.

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.

Related sections

s 853B — Meaning of involved—in some licensees or applicants for a licence
s 853C — Declaration by ASIC
s 853D — Procedure for declaration
s 853F — Obligations on disqualified individuals
s 853G — Notification by ASIC
s 853H — ASIC’s power to make financial market infrastructure banning orders

Research how courts apply s 853E

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.

Try BriefBridge free