Document ID: chunk:federal_register_of_legislation:C2024C00518:clause:1_12
Version: federal_register_of_legislation:C2024C00518
Segment Type: clause
Provision Reference: sch 1 cl 12
Character Range: 24264–25584

12  Interaction with the Australian Business Register
(1) ASIC may disclose information to the Registrar of the Australian Business Register for the purposes of obtaining the assistance of the Registrar:
 (a) to establish whether a person, or a group of persons, to whom a business name is registered under the registration law of a referring/adopting State or an affected Territory is an entity and, if so, that entity's ABN; and
 (b) to obtain details of the business names that are listed on the Australian Business Register as registered for an entity under the law of a referring/adopting State or an affected Territory; and
 (c) to obtain details of the business names that are listed on the Australian Business Register as not registered for an entity under the law of a referring/adopting State or an affected Territory but used for business purposes by the entity.
(2) ASIC may record and use information disclosed to ASIC by the Registrar of the Australian Business Register for the purposes of making a decision under any of the following provisions:
 (a) paragraph 2(1)(b);
 (b) paragraph 3(1)(b);
 (c) paragraph 7(1)(a);
 (d) paragraph 7(1)(b);
 (e) paragraph 16(1)(b).
Note: ASIC may also use its power under section 37 of the Business Names Registration Act to request a person to give ASIC information.