Commonwealth Consolidated Acts

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BANKING ACT 1959 - SECT 69BA

Institution of offence proceedings no bar to winding up

    The institution of proceedings against a body corporate for an offence against this Act, the Financial Sector (Collection of Data) Act 2001 or the Financial Accountability Regime Act 2023 does not prevent the institution of proceedings for the winding - up of the body corporate on a ground that relates to the matter that constitutes the offence.


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