If you do something wrong, you might face consequences under different laws, such as the Financial Markets Conduct Act, section 44F of the Takeovers Act 1993, or section 383 of the Companies Act 1993. You can be taken to court under one or more of these laws, but you will only get one order for the same wrongdoing. This means you will not get more than one banning order for doing the same thing wrong.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091754.
If conduct by a person constitutes grounds for making an order under any 1 or more of this subpart, section 44F of the Takeovers Act 1993, and section 383 of the Companies Act 1993, proceedings may be brought against that person under any 1 or more of those provisions, but no person is liable to more than 1 order under those provisions for the same conduct.
