Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1330

  (1)   ASIC may intervene in any proceeding relating to a matter arising under this Act.

  (2)   Where ASIC intervenes in a proceeding referred to in subsection   (1), ASIC is taken to be a party to the proceeding and, subject to this Act, has all the rights, duties and liabilities of such a party.

  (3)   Without limiting the generality of subsection   (2), ASIC may appear and be represented in any proceeding in which it wishes to intervene pursuant to subsection   (1):

  (a)   by a staff member of ASIC; or

  (b)   by a natural person to whom, or by an officer or employee of a person or body to whom or to which, ASIC has delegated its functions and powers under this Act or such of those functions and powers as relate to a matter to which the proceeding relates; or

  (c)   by solicitor or counsel.