The courts and the Administrative Appeals Tribunal have developed the law on licensing significantly in the last 12 months. Grant has added annotations for ss 913BB (Fit and proper person test—matters to which ASIC must have regard) and 915B (Immediate suspension or cancellation) for the first time. 
In addition, s 912A, which sets out financial services licensees’ obligations, received a lot of attention in the courts in the last year, particularly on what it means to ensure that services are provided efficiently, honestly and fairly, and to take reasonable steps to comply with the law. Section 920A empowers the Australian Securities and Investments Commission to ban a person from holding a licence. Grant’s revisions to the annotations explore the development of the law following recent judgments on ss 912A, 920A and other provisions that govern financial services licensing, and are an essential reference for practitioners who advise providers of financial services. 
 

In Robson's Annotated Corporations Legislation, detailed annotations accompany the provisions of the Corporations Act 2001 (Cth). Commentary from expert specialist lawyers working with, and analysing, the law considers how provisions and wording have been interpreted by the courts under the current Act and its forerunners, in a range of contexts. This depth and range is essential in practice for Australia’s corporations legislation is particularly complex in its wording and in its interpretation. 
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