Undertakings by persons contravening code
240 Undertakings by persons contravening code
Where it appears to the Commissioner that a person has carried on business in contravention of a code of practice applicable to the person, the Commissioner may request the person to execute within a specified time a deed in terms approved by the Commissioner under which the person gives undertakings as to:
discontinuance of the conduct; and
future compliance with the code of practice; and
the action the person will take to rectify the consequences of the contravention;
or any of those matters.
A person who fails to observe an undertaking given in a deed executed under subsection (1) is guilty of an offence.
Maximum penalty: If the offender is a natural person –500 penalty units.
If the offender is a body corporate –2 500 penalty units.
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