Document ID: chunk:federal_register_of_legislation:C2025C00182:section:14
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 14
Character Range: 295583–296926

14  Minister may direct investigations
 (1) Where, in the Minister's opinion, it is in the public interest in respect of this jurisdiction for a particular matter to which subsection (2) applies to be investigated, he or she may by writing direct ASIC to investigate that matter.
 (2) This subsection applies to a matter relating to any of the following:
 (a) an alleged or suspected contravention of the corporations legislation (other than the excluded provisions);
 (b) an alleged or suspected contravention of a law of the Commonwealth, or of a State or Territory in this jurisdiction, being a contravention that:
 (i) concerns the management or affairs of a body corporate; or
 (ii) involves fraud or dishonesty and relates to a body corporate or financial products;
 (c) the affairs, or particular affairs, of a corporation;
 (d) dealing in financial products;
 (f) the establishment or conducting of a financial market;
 (g) the provision of a clearing and settlement facility;
 (ga) the provision of a derivative trade repository;
 (j) the giving of advice, analyses or reports about financial products;
 (k) the provision of compensation arrangements for a financial market.
 (3) ASIC must comply with a direction under subsection (1).
 (4) A direction under subsection (1) does not prevent ASIC from delegating a function or power.