CTHIn ForceAct
Banking Act 1959
13MContravention of certain provisions does not affect the validity of recapitalisation direction etc.
Start here
Get a plain-English read of 13M
Turn the raw legal text into a practical explanation grounded in Banking Act 1959.
13M Contravention of certain provisions does not affect the validity of recapitalisation direction etc.
A contravention of: (a) section 13H or subsection 13J(1) or 13K(1); or (b) section 13L or regulations made for the purposes of that subsection; does not affect the validity of a recapitalisation direction or anything done in compliance with the direction.