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Financial Sector (Collection of Data) Act 2001
27Entities may be directed to comply with Act
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27 Entities may be directed to comply with Act
If a financial sector entity is convicted of an offence against this Act as a result of the entity having failed to comply with a provision of this Act or of the regulations, or with a reporting standard made or direction given by APRA, the Federal Court of Australia may direct the entity to comply, within a period specified by the Court, with the provision, reporting standard or direction, as the case may be.