Document ID: chunk:federal_register_of_legislation:C2025C00185:section:920c
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 920C
Character Range: 3760143–3760695

920C  Effect of banning orders
 (1) A person against whom a banning order is made cannot be granted an Australian financial services licence contrary to the banning order.
 (2) A person against whom a banning order is made must not engage in conduct in breach of the banning order.

Fault‑based offence
 (3) A person commits an offence if the person contravenes subsection (2).

Civil liability
 (4) A person contravenes this subsection if the person contravenes subsection (2).
Note: This subsection is a civil penalty provision (see section 1317E).