Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) The investigator has and may exercise the same powers as those conferred on the Australian Securities and Investments Commission by Part 3, Division 2 of the Australian Securities and Investments Commission Act 2001 (Cth).
(2) Part 3, Division 2 of the Australian Securities and Investments Commission Act 2001 (Cth) applies (with the necessary modifications) to the exercise of those powers with the following modifications (and any other necessary modifications):
(a) a reference to the Australian Securities and Investments Commission (however expressed) is taken to be a reference to the Law Society or investigator;
(b) a reference to a matter that is being or is to be investigated under Part 3, Division 1 of that Act is taken to be a reference to a matter that is being or is to be investigated, examined or audited by the investigator;
(c) a reference in section 19 of that Act to a person is taken to be a reference to an Australian legal practitioner or an incorporated legal practice;
(d) a reference to a prescribed form is taken to be a reference to a form approved by the Society.
(3) Sections 22(2) and (3), 25(2) and (2A), 26 and 27 of the Australian Securities and Investments Commission Act 2001 (Cth) do not apply in relation to the exercise of the powers conferred by this section.