Document ID: chunk:federal_register_of_legislation:C2004A02381:body:0:p8
Version: federal_register_of_legislation:C2004A02381
Segment Type: other
Provision Reference: 
Character Range: 17387–20259

the name and address of the person to whom or by whom the communication was made" and substituting ", if he knows the name and address of the person to whom or by or on behalf of whom the communication was made, forthwith furnish that name and address in writing to the inspector".

Grant of representatives licence
16. Section 49 of the Principal Act is amended by omitting from sub-section (1) "advisers" and substituting "representatives".

Conditions to which licence is subject
17. Section 51 of the Principal Act is amended—
     (a) by omitting paragraph (d) of sub-section (2) and substituting the following paragraph:
        "(d) may include a condition requiring the holder of a dealers licence or of an investment advisers licence to lodge and maintain with the local authority a security approved by the Commission for such amount not exceeding $20,000 as is, from time to time, determined by the Commission in relation to the holder of that licence.";
     (b) by omitting from sub-section (9) "Commission" (twice occurring) and substituting "local authority"; and
     (c) by adding at the end thereof the following sub-section:
    "(10) In this section, 'local authority' means the Corporate Affairs Commission for the Territory.".

Penalties
18. Section 129 of the Principal Act is amended by omitting "indictable".

Power of Court to prohibit payment or transfer of moneys, securities or other property
19. Section 147 of the Principal Act is amended—
     (a) by omitting from sub-section (1) "either or both" and substituting "any one or more";
     (b) by inserting in paragraph (d) of sub-section (1) ", either absolutely or subject to conditions," after "prohibiting";
     (c) by inserting in paragraph (e) of sub-section (1) ", either absolutely or subject to conditions," after "prohibiting"; and
     (d) by adding at the end of sub-section (1) the following paragraphs:
      "(h) an order appointing—
          (i) where the relevant person is a natural person—a receiver or trustee, having such powers as the Court orders, of the property or part of the property of that person: or
          (ii) where the relevant person is a body corporate—a receiver or receiver and manager, having such powers as the Court orders, of the property or part of the property of that person;
         (j) where the relevant person is a natural person—an order requiring that person to deliver up to the Court his passport and such other documents as the Court thinks fit;

         (k) where the relevant person is a natural person—an order prohibiting that person from leaving Australia without the consent of the Court.".

Regulations
20. Section 150 of the Principal Act is amended—
     (a) by omitting from paragraph (c) of sub-section (2) "or" (last occurring);
     (b) by inserting after paragraph (c) the following paragraph:
          "(ca) do not