Document ID: chunk:federal_register_of_legislation:C2025C00185:section:601vad
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 601VAD
Character Range: 2384394–2385104

601VAD  Injunctions
 (1) If any conduct (including a refusal or failure to act) amounts or would amount to a contravention of this Part in relation to a particular licensed trustee company, the trustee company is taken, for the purposes of section 1324, to be a person whose interests are affected by the conduct.
 (2) Subsection (1) does not, by implication, limit the class of persons whose interests are affected by the conduct.
 (3) The Minister has the same powers as ASIC to apply for an injunction under section 1324 in relation to a contravention of this Part.
 (4) The powers in sections 601VAC and 1324 do not, by implication, limit each other.

Division 2—Approval to exceed 15% voting power limit