THE CORPORATIONS LAW

CHAPTER 8 - THE FUTURES INDUSTRY

PART 8.3 - PARTICIPANTS IN THE FUTURES INDUSTRY

Division 5 - Excluding persons from the futures industry

SECTION 1195   EXCEPTIONS TO BANNING ORDER  

1195(1)  [Specified acts allowed]  

An order made against a person under subsection 1194(1) may include a provision that permits the person, subject to such conditions (if any) as are specified, to do, or to do in specified circumstances, specified acts that the order would otherwise prohibit the person from doing.

1195(2)  [Variation of banning order]  

Subject to section 1200, the Commission may, at any time, by written order, vary a banning order against a person:

(a)  by adding a provision that permits the person as mentioned in subsection (1);

(b)  by varying such a provision in relation to conditions, circumstances or acts specified in the provision;

(c)  by omitting such a provision and substituting another such provision; or

(d)  by omitting such a provision.




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