Document ID: chunk:federal_register_of_legislation:C2020A00003:clause:4_9
Version: federal_register_of_legislation:C2020A00003
Segment Type: clause
Provision Reference: sch 4 cl 9
Character Range: 84365–85091

9  Paragraphs 920A(1)(d) and (da)
Repeal the paragraphs, substitute:
 (d) ASIC has reason to believe that the person is not a fit and proper person to:
 (i) provide one or more financial services; or
 (ii) perform one or more functions as an officer of an entity that carries on a financial services business; or
 (iii) control an entity that carries on a financial services business; or
 (da) ASIC has reason to believe that the person is not adequately trained, or is not competent, to:
 (i) provide one or more financial services; or
 (ii) perform one or more functions as an officer of an entity that carries on a financial services business; or
 (iii) control an entity that carries on a financial services business; or