New South Wales Consolidated Acts

AUSTRALIAN MUTUAL PROVIDENT SOCIETY (DEMUTUALISATION AND RECONSTRUCTION) ACT 1997 - SECT 24

24 Effect of contravention

(1) A person who contravenes a provision of this Part is not guilty of an offence.

(2) If a person has engaged, is engaged or is proposing to engage in conduct that constitutes or would constitute a contravention of a provision of this Part, the Supreme Court may, on application of the Attorney General, NHL or a person whose interests have been, are or would be affected by the contravening conduct, grant an injunction, on such terms as the Court thinks appropriate, restraining the firstmentioned person from engaging in the conduct and, if in the opinion of the Court it is desirable to do so, requiring that person to do any act or thing.

(3) If in the opinion of the Court it is appropriate to do so, the Court may grant an interim injunction pending determination of an application under subsection (2).

(4) The Court may discharge or vary an injunction granted under subsection (2) or (3).

(5) Where the Court has power under this section to grant an injunction restraining a person from engaging in particular conduct, or requiring a person to do a particular act or thing, the Court may either in addition to or in substitution for the grant of the injunction, order that person to pay damages to the other person.

(6) Nothing is this Part is taken to limit the right of NHL to exercise any other power or remedy that may be open to it where the directors are of the opinion that there is a contravention of section 19 or any other law.