119G
CurrentOffence to contravene monitoring order
Chapter 3Powers
Part 5AMonitoring and suspension orders
Division 2Monitoring orders
119G Offence to contravene monitoring order
A financial institution that has been given notice of a monitoring order must not knowingly—
(a)
contravene the order; or
(b)
provide false or misleading information in purported compliance with the order.
Maximum penalty—1,000 penalty units.
This Act’s bill:Explanatory memorandum
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