Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Act 2018 (10 of 2018)

Schedule 1   Amendment of the Banking Act 1959

Part 1   Main amendments

Banking Act 1959

249   After section 69B

69BA Institution of offence proceedings no bar to winding up

The institution of proceedings against a body corporate for an offence against this Act or the Financial Sector (Collection of Data) Act 2001 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.