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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12AE

Saving of other laws and remedies

  (1)   Except as provided by subsection   (2), Subdivision BA (sections   12BF to 12BM), Subdivision C (sections   12CA to 12CC), Subdivision D (sections   12DA to 12DN), Subdivision DA (sections   12DO to 12DZA) and Subdivision E (sections   12EA to 12ED) are not intended to exclude or limit the concurrent operation of any law of a State or Territory.

  (2)   If:

  (a)   an act or omission of a person is both an offence against section   12GB and an offence under the law of a State or Territory; and

  (b)   the person is convicted of either of those offences;

the person is not liable to be convicted of the other of those offences.

  (3)   Except as expressly provided by Subdivision BA (sections   12BF to 12BM), Subdivision C (sections   12CA to 12CC), Subdivision D (sections   12DA to 12DN), Subdivision DA (sections   12DO to 12DZA) or Subdivision E (sections   12EA to 12ED), nothing in those Subdivisions is taken to limit, restrict or otherwise affect any right or remedy a person would have had if that Subdivision had not been enacted.

  (4)   This Division does not affect the operation of:

  (a)   the law relating to restraint of trade in so far as that law is capable of operating concurrently with this Division; or

  (b)   the law relating to breaches of confidence;

but nothing in the law referred to in paragraph   (a) or (b) affects the interpretation of this Division.


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