Summary
Amends the:
Australian Securities and Investments Commission Act 2001
to: require the Australian Securities and Investments Commission (ASIC) to consider the effects that the performance of its functions and the exercise of its powers will have on competition in the financial system; and remove the requirement for ASIC to engage staff under the
Public Service Act 1999
; and
Australian Securities and Investments Commission Act 2001
,
Business Names Registration Act 2011
,
Corporations Act 2001
and
Mutual Assistance in Business Regulation Act 1992
to make consequential amendments.