Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1215d
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1215D
Character Range: 4957319–4958406

1215D  Compliance with stop orders
 (1) This section applies if:
 (a) ASIC gives the operator of an Australian passport fund a copy of a stop order under subsection 1215(5) or an interim stop order under subsection 1215B(3); or
 (b) ASIC gives the operator of a notified foreign passport fund a stop order under subsection 1215A(9) or an interim stop order under subsection 1215B(3).
 (2) The operator must not contravene the order.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).
 (3) The operator must take reasonable steps to ensure that any other person who might engage in conduct that is contrary to the order, is aware of the order.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).
 (4) A person who is aware of the order must not engage in conduct that is contrary to the order.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).

Part 8A.7—Deregistration and denotification

Division 1—Deregistration of Australian passport funds

Subdivision A—Voluntary deregistration