Commonwealth Consolidated Acts

MUTUAL ASSISTANCE IN BUSINESS REGULATION ACT 1992 - SECT 9

  (1)   Subject to subsection   ( 2), if:

  (a)   the Commonwealth regulator, in relation to a foreign request, has informed the Minister as mentioned in subparagraph   7(1)(a)(ii); and

  (b)   the Minister gives an authorisation under section   8 in relation to the request;

the authorisation is subject to compliance with any conditions and the giving of any undertaking specified by the Commonwealth regulator.

  (2)   In giving an authorisation under section   8, the Minister may:

  (a)   impose conditions or further conditions subject to which anything may be provided in compliance with the request; and

  (b)   require undertakings to be given by the foreign regulator to ensure compliance with any such conditions; and

  (c)   omit or vary any condition or undertaking to which the authorisation would, under subsection   ( 1), otherwise be subject.

  (3)   An authorisation under section   8 that is subject to compliance with conditions or the giving of undertakings (including conditions or undertakings imposed or required under subsection   ( 2)) must specify those conditions and any such undertaking.