RG 100 Court enforceable undertakings
Issued 22 November 2021
A court enforceable undertaking is an administrative remedy for contraventions of legislation administered by ASIC. It contains a set of undertakings provided by another person to ASIC that ASIC has accepted. This guide is for an entity or person and their legal advisers who are considering offering a court enforceable undertaking to ASIC.
It explains our approach to accepting court enforceable undertakings under the legislation we administer, including:
- s93A or 93AA of the Australian Securities and Investments Commission Act 2001 (ASIC Act),
- s322 of the National Consumer Credit Protection Act 2009 (National Credit Act), and
- s262A of the Superannuation Industry (Supervision) Act 1993 (SIS Act).