Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:1_657eb
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 1 cl 657EB
Character Range: 299089–299960

657EB  References by Courts

 (1) A Court hearing proceedings in relation to a decision of the Panel made on an application under section 657C may refer the decision to the Panel for review.

Note: Regulations made under the Australian Securities and Investments Commission Act 1989 deal with the constitution of the Panel for the purposes of conducting a review under this section and the procedures to be followed in conducting the review.

 (2) After conducting a review under this section, the Panel may:
 (a) vary the decision reviewed; or
 (b) set aside the decision reviewed; or
 (c) set aside the decision reviewed and substitute a new decision.
         In conducting the review, the Panel has the same powers to make a declaration under section 657A, or an order under section 657D or 657E, as it has when it is considering an application under section 657C.