28KFinancial assurance not to affect other action

28K Financial assurance not to affect other action

28K Financial assurance not to affect other action

A financial assurance may be called on and used, despite and without affecting—

(a) any liability of the holder or former holder of the licence to any penalty for an offence for a contravention to which the assurance relates, and

(b) any other action that might be taken or is required to be taken in relation to any contravention or other circumstances to which the assurance relates.

s 28K: Ins 2010 No 91, Sch 1 [13].