Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 (115 of 2021)
Schedule 1 Initial amendments
Part 2 Other amendments
Division 1 Amendments
National Consumer Credit Protection Act 2009
103 Subsection 80(4)
Omit "Despite subsection (1), ASIC may only make a banning order against a person", substitute "Subject to subsection (5), if ASIC has not delegated its power to make a banning order against a person to a Financial Services and Credit Panel, ASIC may make the order only".
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