Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 840C

    If a direction under subsection   840A(1) directs a CS facility licensee to change any of the facility's operating rules or procedures, neither of the following provisions apply in relation to the change:

  (a)   subsection   822D(2) (about change ceasing to have effect if ASIC not notified);

  (b)   section   822E (about disallowance).

Note:   The licensee would still need to notify ASIC of the change: see subsection   822D(1).