Clause 65

The Authority may, where it thinks it necessary or expedient in the interests of the public or a section of the public or for the protection of investors, issue directions, whether of a general or specific nature, by notice in writing, to a person making an offer of units or derivatives of units in a business trust, being an offer made in or accompanied by a prospectus or profile statement or an offer referred to in section 282ZC, on matters in connection with the offer.(2) Any person to whom a notice is given under subsection (1) shall comply with every direction contained in the notice.(3) It shall not be necessary to publish any direction issued under subsection (1) in the Gazette.(4) Any person who contravenes a direction issued to him under subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 and, in the case of a continuing offence, to a further fine not exceeding $5,000 for every day or part thereof during which the offence continues after conviction.”.