Banking Act 1959
Part II
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Provisions relating to the carrying on of banking business
Division 2
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Protection of depositors
Subdivision AA
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Recapitalisation directions by APRA
SECTION 13M
13M
Contravention of certain provisions does not affect the validity of recapitalisation direction etc.
A contravention of:
(a) section 13H or subsection 13J(1) or 13K(1) ; or
(b) section 13L or regulations made for the purposes of that subsection;
View history note
Hide history noteA contravention of:
(a) section 13H or subsection 13J(1) or 13K(1) ; or
(b) section 13L or regulations made for the purposes of that subsection;
does not affect the validity of a recapitalisation direction or anything done in compliance with the direction.
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