Financial Sector Reform (Hayne Royal Commission Response - Stronger Regulators (2019 Measures)) Act 2020 (3 of 2020)

Schedule 4   Banning orders

Part 1   Corporations amendments

Corporations Act 2001

11   Subsection 920A(1A)

Repeal the subsection, substitute:

When a person is not a fit and proper person

(1A) For the purposes of paragraph (1)(d), ASIC must have regard to the matters in section 913BB.