119M
CurrentContravention of suspension order
Chapter 3Powers
Part 5AMonitoring and suspension orders
Division 3Suspension orders
119M Contravention of suspension order
A financial institution that has been given notice of a suspension 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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