Cancellation of registered training contract by parties
61 Cancellation of registered training contract by parties
The parties to a registered training contract may at any time, by written notice signed by the parties, cancel the contract.
The parties to a registered training contract who sign written notice of cancellation under subsection (1) must, as soon as reasonably practicable and in any event within 14 days after signing the notice under that subsection, give a copy of the notice to the
CEO.
The CEO must, immediately after being given a copy of a notice of cancellation under subsection (2), notify the parties to the registered training contract of that fact.
A notice of cancellation has effect from the date a copy of the notice is given to the CEO under subsection (2) or, if the notice specifies a later effective date, from the later date.
Each party to a registered training contract commits an offence if:
the parties have signed written notice of cancellation under subsection (1); and
a period of 14 days has passed since the last of the parties to sign the notice did so; and
a copy of the notice has not been given to the CEO under subsection (2).
Maximum penalty: 10 penalty units.
An offence against subsection (5) is an offence of strict liability.
It is a defence to a prosecution of a party to a registered training contract for an offence against subsection (5) if another party to the contract gave a copy of the notice of cancellation to the CEO within the period required by that subsection.
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