QLDIn ForceAct
Financial Intermediaries Act 1996
sec.17Societies must comply with standards
Start here
Get a plain-English read of sec.17
Turn the raw legal text into a practical explanation grounded in Financial Intermediaries Act 1996.
sec.17 Societies must comply with standards
A society must comply with all relevant standards. Maximum penalty—400 penalty units. If a society contravenes a standard, any officer of the society who is in default commits an offence. Maximum penalty—400 penalty units. (sec.17-ssec.1) A society must comply with all relevant standards. Maximum penalty—400 penalty units. (sec.17-ssec.2) If a society contravenes a standard, any officer of the society who is in default commits an offence. Maximum penalty—400 penalty units.