Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:1_667aa
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 1 cl 667AA
Character Range: 349628–350341

667AA  Expert to be nominated

 (1) A person who proposes to obtain an expert's report for the purposes of section 663B, 664C or 665B must request ASIC in writing to nominate a person to prepare the expert's report.

 (2) Within 14 days after receiving a request under subsection (1), ASIC must nominate:

         (a)    an appropriate person to prepare the report; or

         (b)    up to 5 appropriate persons, one of whom the person making the request may choose to prepare the report.

       (3)    In determining whether a person is an appropriate person to prepare an expert's report, and without limiting the matters that ASIC may consider, ASIC must consider the nature of the company to be valued.