The Investigation Powers of the Australian Securities and Investments Commission

The Australian Securities and investments commission has extensive powers of investigation and information gathering. These powers are not limited to the exercise of functions under chapter 7 of the corporations act because the Australian securities and investments commission can cooperate with the Australian Stock Exchange in regulation activities.

The body can receive complaints from many informal sources. Of course, complaints may be made to other bodies such as the stock exchange although its responsibilities are limited to VISTA companies and its sanctions are considered to be constrained by their contractual foundation and limited statutory supplements. The Australian Securities and Investments Commission is the principal complaints handling body by reason of its statutory responsibilities and powers given to it under part three of the relevant legislation. The exercise of the statutory powers enables the body to gather information which may used to launch criminal, civil or administrative proceedings relief, remedy or other section. As noted, these powers are not limited to their application to the financial market provisions of chapter 7 but applied to the generality of provisions of the act. However, many complaints received by the commission apply to investigations made upon its own intuitive understanding of events and will not normally involve the exercise of formal powers under part three, unless informal investigation indicates a need some more formal enquiry and the exercise of coercive powers granted to the agency under part three.

An investigation conducted under the investigative powers of the agency has significance not to elicit the information of the widgets triggers for the range of may be founded upon the mere fact of the commencement or upon evidence obtained during the. First, where is the result of an investigation it appears to the agency that a person may have committed an offence against the corporations legislation and ought to be prosecuted for defence, the agency may initiate a prosecution. The agency may require a person other than the the the the water were reasonably believes can give information relevant prosecution to provide assistance. Secondly, where, following an investigation examination under part three, it appears to the agency to be in the public interest per person to sue for damages from his conduct committee in connection with the matter to which investigation examination related, or for the recovery of a person’s property, the agency may commence such proceedings in the person’s name.

Thirdly, the fact that investigation has been initiated permits the agency to seek protective orders. The agency may also release the record of an investigation to a lawyer to the proceedings were at the party, if the commencement of an investigation confer standing to seek statutory remedies of wider application. Sixthly, statements made on an examination are admissible against examinees in criminal proceedings, subject to protective provisions relating to self-incrimination and legal professional privilege. The report of the investigation itself is admissible in civil proceedings as privacy evidence and matters disclosed. So the agency does have a quite broad powers to investigate the misconduct of corporations and to gather information about these issues.

Is Pre-Paid Legal a Legitimate Opportunity?

Pre-Paid Legal was started from a tragedy that happened on July 11, 1969. Harland Stonecipher was involved in a serious head-on collision that damaged his car, required medical care, and a stay in the hospital. Harland had auto, health, and life insurance to cover the costs, but no protection the legal bills that accumulated.

Frustrated from this experience, Harland Stonecipher started Pre-Paid Legal on August 8,1972 offering legal expense reimbursement services as a motor service club. Ten years later, Prepaid started the network marketing business model. Today Pre-Paid Legal is listed on the NYSE and is a monster of a company.

The Service

Pre-Paid Legal offers a service that connects their customers to qualified attorneys and law firms when they need it. Anyone can become a customer for $26 per month or less depending on the plan they want. There are many plans to choose from based on your need and the state you are located in.

The Business Opportunity

The entry cost is low. You can join Pre-Paid Legal and become an associate for $49. Pre-Paid Legal offers three ways to make money. The first source of income is receiving immediate commissions from individual memberships, employee benefit memberships, and other plans.

Override commissions are the second source of income. Override commissions are paid when you and your team enroll other associates. Pre-Paid’s compensation plan is a Stair-Step Breakaway. They pay out 1 year advanced commissions on all their plans. Every time a distributor personally sponsors someone into the business, the associate receives a commission ranging from $69-$250. Associates earn the override commissions when certain qualifications and levels are met. Here are the levels and override commissions based on 26$ Expanded Family Plan enrollments.

· Bronze $7.00
· Silver $5.00
· Gold $4.00
· Platinum $2.00
· Platinum 2 through 7 $0.50

The third source of income is Executive Director Breakaway Bonus Advance, Director Breakaway Bonus Advance, and Platinum Breakaway Bonuses.

Pre-Paid Legal has passed the acid test. The company will continue to grow while providing excellent legal services to their customers. Learning how to market in this business is key if you want to become successful. You need the right skills and knowledge if you want to generate the kind of momentum the top producers do. The top marketer know a simple strategy that keeps people in the game by making money of leads even if they do not join your business. These strategies and tools are a must if you’re serious about building a large sales team and creating lifetime residual income.

Prepaid Legal Services and the Business Opportunities it Presents

In this era of economic crunch many individuals are looking to take advantage of many of the cost saving plans currently on the market. One of the smartest areas for an individual to take advantage of in this time of savings is with the affordable option in this services.

This program offers a small monthly rate for a wide variety of it from experienced lawyers who are experts in many legal fields. The marketability of such a program not only provides an avenue of inexpensive prepaid legal services to any individual, it also provides an opportunity for those individuals who are looking to capitalize on the success of an online home based business.

The many advantages that are offered in the system is what allows the business to be so highly marketable. It is a fact that every person at some point in their life will require the use of an experienced lawyer. These services however often come with a large expense based on the experiences of the attorney you are deciding to utilize.

Prepaid legal services not only cover that expense in the monthly membership dues you pay, they also provide you with attorneys with over ten years of experience in the field you are having trouble in. If you are experiencing motor vehicle legal issues then they will provide you an attorney with over ten years of motor vehicle experience and if you require a defense attorney then they will provide you with a defense attorney with over ten years of experience in the legal genre.

The plan will sell itself to individuals who realize that they may require the services of an attorney in the future and understand the money they are saving by taking advantage of this plan. When a person is able to successfully sell this plan to those individuals they will receive a commission for that membership. The legal services company does understand that although an individual may have the desire to make money through the sales of it the concept of marketing to individuals can prove to be difficult.

For those individuals who have difficulty selling a service the prepaid legal services company has joined Blast Off in order to help boost the membership of both sites. Sales individuals can now either push prepaid legal services on its own, Blast Off services on its own or combine the two as a package, selling both Blast Off and Prepaid Legal Services.

It has been clearly laid out the many advantages associate to prepaid legal services so know it is best to understand the benefits of Blast Off. Blast Off represents an online store offing savings on a wide variety of products with no obligation beyond signing up for free.

Members of this website have the opportunity to receive cash back on every purchase in addition to the savings they are generating from their purchases of over seven hundred vendors on Blast Off. The advantage to the marketer is found not in the membership of these individual but in the commission you will receive for the goods they will buy. In addition, if the member decides to join prepaid legal services you will make the commission off that sale since they are your member.