Document ID: chunk:federal_register_of_legislation:C2024A00087:clause:3_14
Version: federal_register_of_legislation:C2024A00087
Segment Type: clause
Provision Reference: sch 3 cl 14
Character Range: 329066–329565

14  At the end of section 794A
Add:
 (5) If, at any time after the licensee receives a direction, the licensee requests in writing that ASIC refer the matter to the Minister, ASIC must do so immediately.
 (6) The Minister may, if the Minister considers it appropriate after being referred the matter, direct ASIC to vary or revoke the direction.
 (7) ASIC must comply with the direction given under subsection (6) immediately.
 (8) A direction under subsection (6) is not a legislative instrument.