Document ID: chunk:federal_register_of_legislation:C2025C00182:section:28
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 28
Character Range: 307904–308718

28  When certain powers may be exercised
  A power conferred by this Division (other than sections 29, 30A, 30B and 39A) may only be exercised:
 (a) for the purposes of the performance or exercise of any of ASIC's functions and powers under the corporations legislation; or
 (b) for the purposes of ensuring compliance with the corporations legislation; or
 (c) in relation to:
 (i) an alleged or suspected contravention of the corporations legislation; or
 (ii) an alleged or suspected contravention of a law of the Commonwealth, or of a State or Territory in this jurisdiction, being a contravention that concerns the management or affairs of a body corporate, or involves fraud or dishonesty and relates to a body corporate or financial products; or
 (d) for the purposes of an investigation under Division 1.