Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) ASIC may by writing authorise a member or staff member to make a requirement of a kind that this Division empowers ASIC to make.
Note: Failure to comply with a requirement made under this subsection is an offence (see section 63).
(2) An authorisation under this section may be of general application or may be limited by reference to all or any of the following:
(a) the persons of whom requirements may be made;
(b) the books that may be required to be produced;
(c) the information that may be required to be given.
(3) Where an authorisation of a person is in force under this section, the person may make a requirement in accordance with the authorisation as if, in sections 30, 30A, 30B, 31, 32A and 33:
(a) a reference to ASIC were a reference to the person; and
(b) a reference to specified books were a reference to books that the person specifies, whether in the requirement or not and whether orally or in writing, to the person of whom the requirement is made; and
(c) a reference to specified information were a reference to information that the person specifies, whether in the requirement or not and whether orally or in writing, to the person of whom the requirement is made; and
(d) a reference to giving or producing to a specified person were a reference to giving or producing to the first - mentioned person.