Document ID: chunk:federal_register_of_legislation:C2025C00185:section:173:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 173 (pt 2/2)
Character Range: 546252–546843

options over unissued shares.
 (7) The exemption:
 (a) must be in writing; and
 (b) may be general or limited; and
 (c) may be subject to conditions specified in the exemption.
 (8) ASIC must publish a copy of the exemption in the Gazette.
 (9) A person must not contravene a condition of the exemption.
 (9A) An offence based on subsection (1), (3) or (9) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.
 (10) On application by ASIC, the Court may order a person who contravenes a condition of the exemption to comply with the condition.