Additional or corrected information in relation to approved co‑regulatory arrangements
90 Additional or corrected information in relation to approved co‑regulatory arrangements
The administrator of an approved co‑regulatory arrangement must comply with subsection (2) if:
the administrator becomes aware that information included in an application made under section 84, or information or a document given to the CEO in relation to such an application, was incomplete or incorrect; or
a change prescribed by the rules occurs.
The administrator of the approved co‑regulatory arrangement must, as soon as practicable, give the CEO additional or corrected information, to the extent that it is relevant to assessing whether the requirements of this Act in relation to a matter covered by the approval have been, are being or will be complied with.
A person may commit an offence or be liable to a civil penalty if the person makes a false or misleading statement in an application or provides false or misleading information or documents (see sections 145, 146 and 147 of this Act and sections 136.1, 137.1 and 137.2 of the Criminal Code).
Civil penalty provision
A person is liable to a civil penalty if:
the person is required to give information to the CEO by subsection (2); and
the person fails to comply with the requirement.
Civil penalty: 60 penalty units.
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.