"Corporations Act 2001 s 321 ASIC power to require lodgment"
Corporations Act 2001 (Cth) s 321 allows ASIC to direct entities to lodge specified reports, with a written direction made within 6 years and a lodgment date at least 14 days after the direction.
This is a human-established fact, not a universal axiom. It is true within CTH as enacted by Federal Register of Legislation.
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Answer
sec:answer-37c26370
Verified against the current Federal Register text of the Corporations Act 2001 (Cth). Section 321 allows ASIC to direct a company, registered scheme, registrable superannuation entity, or disclosing entity to lodge with ASIC copies of reports prepared or obtained under Division 1 or 2. ASIC may also direct a notified foreign passport fund to lodge its home-economy Passport Rules report and each related auditor report. The direction must be written, specify the period or periods concerned, be made no later than 6 years after the end of those periods, and specify a lodgment date at least 14 days after the direction is given. Offences based on the direction obligations are strict liability.
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