Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.4 - LIMITS ON INVOLVEMENT WITH LICENSEES  

Division 2A - Financial market infrastructure banning orders  

Subdivision B - Matters relating to financial market infrastructure banning orders  

SECTION 853P   EFFECT OF FINANCIAL MARKET INFRASTRUCTURE BANNING ORDERS  

853P(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

853P(2)    
An individual commits an offence if the individual contravenes subsection (1) .

Civil liability

853P(3)    
An individual contravenes this subsection if the individual contravenes subsection (1) .

Note: This subsection is a civil penalty provision: see section 1317E .