Corporations Act 2001
View history note
Hide history noteIf money or property of a CCIV is applied or dealt with in contravention of section 1234 , 1234A , 1234C or 1234D , the contravention does not affect the validity of any contract or transaction connected with the application or dealing.
Note: A Court may order an injunction to stop the CCIV applying or dealing with the asset (see section 1324 ).
1234F(2)
A CCIV contravenes this subsection if: (a) the CCIV applies or deals with money or property of the CCIV; and (b) the application or dealing contravenes section 1234 , 1234A , 1234C or 1234D .
Fault-based offence
1234F(3)
A person commits an offence if the person contravenes subsection (2) .
Strict liability offence
1234F(4)
A person commits an offence of strict liability if the person contravenes subsection (2) .
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