Document ID: chunk:federal_register_of_legislation:C2025C00185:section:206c
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 206C
Character Range: 660535–661654

206C  Court power of disqualification—contravention of civil penalty provision
 (1) On application by ASIC, the Court may disqualify a person from managing corporations for a period that the Court considers appropriate if:
 (a) a declaration is made under:
 (i) section 1317E (civil penalty provision) that the person has contravened a corporation/scheme civil penalty provision or subsection 670A(4), 727(6), 728(4) or 1309(12); or
 (ii) section 386‑1 (civil penalty provision) of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 that the person has contravened a civil penalty provision (within the meaning of that Act); and
 (b) the Court is satisfied that the disqualification is justified.
 (2) In determining whether the disqualification is justified, the Court may have regard to:
 (a) the person's conduct in relation to the management, business or property of any corporation; and
 (b) any other matters that the Court considers appropriate.
 (3) To avoid doubt, the reference in paragraph (2)(a) to a corporation includes a reference to an Aboriginal and Torres Strait Islander corporation.