THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82
The Corporations Law is as follows:...

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

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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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