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CORPORATIONS ACT 2001 - SECT 601VAD Injunctions

CORPORATIONS ACT 2001 - SECT 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.

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