Ok Andrews, I'll set it out for ya.
Lets say K starts action through ASIC Against lets say MQG.
K finds RG that apply to what be believe are breach's at the beginning of the process.
MQG try and find RG that dis-prove K's RG's which at best a questionable.
I have intensely studies sections of the Corp act for 16 months, going head to head with MQG Corp lawyers.
In the way of Company law..
If you said ASX is a ranger, ASIC is the police, and Corp act is the Fed Police.
I use RG as an index and if you use the RG's you know this is want it is used for.
If you know anything about this then you know that the Corp acts are at the end of each Chapter.
Corp Acts are legally binding and if ASIC wish to take serious action, this is what they will be using.
I can go head to head with you as long as you like on this, and if your area is Financial advice, you will loose because I know this section back to front.
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