Banking Act 1959

Part II - Provisions relating to the carrying on of banking business  

Division 2 - Protection of depositors  

Subdivision AA - Recapitalisation directions by APRA  

SECTION 13M   13M   Contravention of certain provisions does not affect the validity of recapitalisation direction etc.  

A contravention of:

(a) section 13H or subsection 13J(1) or 13K(1) ; or

(b) section 13L or regulations made for the purposes of that subsection;

does not affect the validity of a recapitalisation direction or anything done in compliance with the direction.

This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.