Document ID: chunk:federal_register_of_legislation:C2025C00185:section:206gaa:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 206GAA (pt 2/2)
Character Range: 675939–676682

management, business or property of any corporation; and
 (ii) whether the disqualification would be in the public interest; and
 (iii) any other matters that ASIC considers appropriate.
 (5) To avoid doubt, the references in paragraph (1)(a) and subsections (2) and (4) to a corporation include references to an Aboriginal and Torres Strait Islander corporation.

Notice of disqualification
 (6) If ASIC disqualifies a person from managing corporations under this section, ASIC must serve a notice on the person advising them of the disqualification. The notice must be in the prescribed form.

Start of disqualification
 (7) The disqualification takes effect from the time when a notice referred to in subsection (6) is served on the person.