Corporations Act 2001
CCH Note: Part 7.6 (other than Divs 4 and 8) is modified by ASIC Corporations (Financial Requirements for Corporate Directors of Retail Corporate Collective Investment Vehicles) Instrument 2022/449.
A person against whom a banning order is made cannot be granted an Australian financial services licence contrary to the banning order. 920C(2)
A person against whom a banning order is made must not engage in conduct in breach of the banning order.
A person commits an offence if the person contravenes subsection (2).
A person contravenes this subsection if the person contravenes subsection (2).
Note: This subsection is a civil penalty provision (see section 1317E ).