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.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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