Australian Securities And Investments Commission (asic)

Written by Claude Haiku 4.5 from the extracted text on 16 May 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

This document consists of email correspondence between ASIC and Treasury officials from March to August 2016 regarding the Compensation for Detriment Caused by Defective Administration (CDDA) Scheme. ASIC sought urgent clarification on obtaining ministerial authorisation to exercise powers under the scheme, as previous authorisation had expired on 21 September 2015. Treasury provided Australian Government Solicitor (AGS) advice on the matter in March 2016. The emails reflect ongoing liaison between the two agencies to resolve the authorisation status, with ASIC requesting information about departmental contact points and steps to progress the matter. Substantial portions of the substantive advice and specific details are redacted under section 42 (legal professional privilege).