Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_821c
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 821C
Character Range: 141635–142584

821C  Obligation to assist

ASIC

 (1) A CS facility licensee must give such assistance to ASIC, or a person authorised by ASIC, as ASIC or the authorised person reasonably requests in relation to the performance of ASIC's functions.

Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).

 (2) Such assistance may include showing ASIC the licensee's books or giving ASIC other information.

Reserve Bank

 (3) A CS facility licensee must give such assistance to the Reserve Bank of Australia (the Reserve Bank), or a person authorised by the Reserve Bank, as the Reserve Bank or the authorised person reasonably requests in relation to the performance of the Reserve Bank's functions under this Part.

Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).

 (4) Such assistance may include showing the Reserve Bank the licensee's books or giving the Reserve Bank other information.