Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf a report or return has been lodged under section 422, 422A, 422B or 533 of the Corporations Act or regulation 5.5.05 of the Corporations Regulations 2001 , ASIC may investigate a matter to which the report or return relates for the purpose of determining whether or not a person ought to be prosecuted for an offence against the corporations legislation (other than the excluded provisions).