Barrister AI
All legislation
COMMONWEALTHAct
In force
This is the latest official compilation.Check the official source →
s 55

Requirement for registrant to notify GEMS Regulator of changes

In force
Part 5Registering models of GEMS products
Division 7Requirements for registrants
Subdivision ANotifying GEMS Regulator of changes

55 Requirement for registrant to notify GEMS Regulator of changes

(1)

The registrant for a model’s registration must inform the GEMS Regulator as soon as reasonably practicable after any of the following occurs:

(a)

the registrant becomes aware that any of the information entered in the GEMS Register in relation to the registration is incorrect;

(b)

circumstances have changed such that the registrant may no longer satisfy the requirements of paragraphs 43(3)(a) and (b) or 47(5)(a) and (b) (appropriate connection to supply of model and other requirements for registrant);

(c)

the registrant decides to change a contact person for the registration, or a contact person for the registration no longer satisfies the requirements of regulations made for the purposes of subsection 42(1);

(d)

changes have been made to the model so that any test results given in connection with the model’s registration no longer accurately reflect the extent to which the model complies with the requirements of the GEMS determination against which the model was registered.

(2)

The registrant may inform the GEMS Regulator by written notice or a method specified in the regulations.

Civil penalty provision

(3)

The registrant is liable to a civil penalty if the registrant contravenes subsection (1).

Civil penalty: 60 penalty units.

Note:

It is generally not necessary to prove a person’s state of mind in proceedings for a contravention of a civil penalty provision (see section 94 of the Regulatory Powers Act).

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.