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StatuteCorporations Act 2001

Section 853P — Corporations Act 2001: Effect of financial market infrastructure banning orders

Text of the provision Official document

(1) An individual against whom an FMI banning order is made must not engage in conduct in breach of the banning order. Fault-based offence (2) An individual commits an offence if the individual contravenes subsection (1). Civil liability (3) An individual contravenes this subsection if the individual contravenes subsection (1). Note: This subsection is a civil penalty provision: see section 1317E.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.