Australian Securities and Investments Commission Act 1989
245Validity of certain actions
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245 Validity of certain actions
Nothing done by or in relation to a person who has been appointed to, or appointed to act in, an office under the Australian Securities and Investments Commission Act 1989 is invalid on the ground that: (a) the occasion for the appointment had not arisen; (b) there was a defect or irregularity in connection with the appointment; (c) the appointment had ceased to have effect; or (d) the occasion for the person to act had not arisen or had ceased.