Section 912E — Corporations Act 2001 (Cth)

(1) A financial services licensee and its representatives must give such assistance to ASIC, or a person authorised by ASIC, as ASIC or the authorised person reasonably requests in relation to whether the licensee and its representatives are complying with the financial services laws, and in relation to the performance of ASIC’s other 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.

Related sections

• s 912DAD — ASIC must publish details of certain reports
• s 912DA — Obligation to notify ASIC of change in control
• s 912DB — Obligation to notify ASIC if licensee does not provide financial service
• s 912EA — Reporting to clients affected by a reportable situation
• s 912EB — Obligation to investigate reportable situations that may affect clients
• s 912EC — Obligation to keep records of compliance

Research how courts apply s 912E

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