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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 343

Application of sections 12BLA and 12BLB

  (1)   Sections   12BLA and 12BLB have effect despite section   325 as inserted by Schedule   1 to the Financial Sector Reform (Hayne Royal Commission Response--Protecting Consumers (2019 Measures)) Act 2020 .

  (2)   However, neither of sections   12BLA and 12BLB applies to the extent that its operation would result in an acquisition of property (within the meaning of paragraph   51(xxxi) of the Constitution) from a person otherwise than on just terms (within the meaning of that paragraph of the Constitution).



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