Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 (87 of 2024)

Schedule 2   Financial market infrastructure: new and enhanced regulatory powers

Part 11   Fit, proper, capable and competent person standards

Division 1   Additional obligation for certain licensees

Corporations Act 2001

126   At the end of subsection 821A(1)

Add:

; and (i) take all reasonable steps to ensure that no individual against whom an FMI banning order is made does any of the things mentioned in subsection 853N(1) in relation to the licensee in contravention of the order.