Commonwealth Consolidated Acts

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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 242M

Contravention of section 242K or 242L

  (1)   A person must not contravene section   242K or 242L.

  (2)   Subsection   (1) is a civil penalty provision as defined by section   193, and Part   21 therefore provides for civil and criminal consequences of contravening, or of being involved in a contravention of, that subsection.

  (3)   A contravention of subsection   (1) does not result in the invalidity of a transaction.


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