Document ID: chunk:federal_register_of_legislation:C2025C00182:section:47
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 47
Character Range: 356167–356798

47  Disclosures to take place in private
 (1) A disclosure to ASIC pursuant to a requirement made under this Division must take place in private and ASIC may give directions about who may be present during it, or during a part of it.
 (2) A person must not be present during a disclosure unless he or she:
 (a) is a member; or
 (b) is a staff member approved by ASIC; or
 (c) is entitled to be present by virtue of:
 (i) a direction under subsection (1); or
 (ii) subsection 48(1).
Penalty: 30 penalty units.
 (3) Subsection (2) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.