Explosives Regulation 2017

This section applies if any of the following events (each a prescribed event) happens during the term of an authority—

the holder of the authority becomes aware of a change in circumstances that prevents the holder complying with the Act or a condition of the authority;Example for paragraph (a)—

a change in the holder’s physical health

if the holder of the authority is an individual—

the holder’s name changes; or

the holder’s address changes; or

the holder becomes an insolvent under administration;

if the holder of the authority is a corporation—

there is a change to the corporation’s executive officers; or

the corporation becomes an externally administered corporation;

if the holder of the authority is a corporation other than a listed corporation—there is a change to the corporation’s shareholders;

if the authority is not a security sensitive authority or the holder of the authority is a corporation—the holder is, in Queensland or elsewhere, convicted of or charged with an offence involving a prescribed activity.

The holder of the authority must, as soon as practicable after the holder becomes aware the prescribed event has happened, give the chief inspector a notice about the event, unless the holder has a reasonable excuse.Maximum penalty—

for a prescribed event mentioned in subsection (1)(b)(i) or (ii)—20 penalty units; or

otherwise—200 penalty units.

In this section—

externally administered corporation means a Chapter 5 body corporate within the meaning of the Corporations Act, section 9.