Regulatory Powers (Standard Provisions) Act 2014

The following is a simplified outline of this Part:

This Part creates a framework for accepting and enforcing undertakings relating to compliance with provisions.

For this Part to operate, a provision must be made enforceable under this Part. This is to be done by another Act.

An authorised person may accept an undertaking relating to compliance with a provision that is enforceable under this Part.

The undertaking may be enforced in a relevant court.

The orders that may be made by a relevant court include an order directing compliance, an order requiring any financial benefit from the failure to comply to be surrendered and an order for damages.