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The Notional Legislator: The Australian Securities and Investments Commission's Role as a Law-Maker

Bottomley, Stephen


Along with its power to exercise 'on the ground' discretion to alter the way in which legislative rules are applied (for example, by granting exemptions in particular cases), the executive agency that is charged with administering the corporations legislation in Australia has the power to re-write aspects of that legislation. It can, in effect, do the work of Parliament. This article examines the discretionary power of the Australian Securities and Investments Commission (ASIC) to change the...[Show more]

CollectionsANU Research Publications
Date published: 2011
Type: Journal article
Source: Federal Law Review
Access Rights: Open Access

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