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REPORT ON THE ANNUAL REPORTS OF THE AUSTRALIAN SECURITIES COMMISSION
AND OTHER BODIES: 1995-1996
Table of Contents

Duties of the Committee

Section 243 of the Australian Securities Commission Act 1989 sets out the duties of the Committee as follows:

The Parliamentary Committee's duties are:

    (a) to inquire into, and report to both Houses on:

    (i) activities of the Commission or the Panel, or matters connected with such activities, to which, in the Parliamentary Committee's opinion, the Parliament's attention should be directed; or

    (ii) the operation of any national scheme law, or of any other law of the Commonwealth, of a State or Territory or of a foreign country that appears to the Parliamentary Committee to affect significantly the operation of a national scheme law;

    (b) to examine each annual report that is prepared by a body established by this Act and of which a copy has been laid before a House, and to report to both Houses on matters that appear in, or arise out of, that annual report and to which, in the Parliamentary Committee's opinion, the Parliament's attention should be directed; and

    (c) to inquire into any question in connection with its duties that is referred to it by a House, and to report to that House on that question.


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