Section 908BS — Corporations Act 2001 (Cth)

Obligation to give ASIC access to licensee’s facilities

A person commits an offence if:

(a) the person is a benchmark administrator licensee; and

(b) ASIC requests, in writing, the person to provide reasonable access to any of the person’s facilities for any of the purposes of this Part; and

(c) the facilities relate to the person’s capacity as such a licensee; and

(d) the person fails to comply with the request.

Penalty: 100 penalty units.

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 908BP — General obligations
s 908BQ — Obligation to notify ASIC of certain matters
s 908BR — Obligation to assist ASIC, APRA and the Reserve Bank
s 908BT — ASIC’s power to give directions to licensee not complying with obligations
s 908BU — Minister may disallow all or part of an ASIC direction etc.
s 908BV — ASIC’s power to give directions requiring reports

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