Requirement to provide trust account statement
100W Requirement to provide trust account statement
The ACCC may, by notice in writing given to an eligible water market intermediary, require the eligible water market intermediary to provide, for one or more financial years of the eligible water markets intermediary, one or more of the following:
the trust account statement;
the trust account audit report;
any information or documents required to accompany the trust account audit report under paragraph 100V(3)(b).
If the ACCC gives a notice under subsection (1) to an eligible water market intermediary, the eligible water marker intermediary must comply with the notice.
A person is liable to a civil penalty if the person contravenes subsection (2).
Civil penalty: 600 penalty units.
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