Offences of failing to comply with requirements of a standard
13 Offences of failing to comply with requirements of a standard
A registered corporation is guilty of an offence if:
it fails to comply with a requirement of a standard in force under section 11 that is applicable to the corporation, other than a requirement about the way in which information is to be provided; and
there is no exemption in force under section 12 exempting the corporation from the obligation to comply with the requirement.
Maximum penalty: 200 penalty units
A registered corporation is guilty of an offence if:
it fails to comply with a requirement of a standard in force under section 11 that is applicable to the corporation, that is a requirement about the way in which information is to be provided; and
there is no exemption in force under section 12 exempting the corporation from the obligation to comply with the requirement.
Maximum penalty: 50 penalty units
10 Part IV
Repeal the Part.
11 Section 21
Repeal the section, substitute:
This Act’s bill:Explanatory memorandumSecond reading speech
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