Financial Intermediaries Act 1996

If—

under this Act anything is required or directed to be done within a particular period or before a particular time; and

failure to do the thing within the period or before the time constitutes an offence; and

the thing is not done within the period or before the time;

the obligation to do the thing continues, despite the fact that the period has expired or the time has passed, until the thing is done; and

if a person is convicted of an offence that is constituted by failure to do the thing within that period or before the time—the person commits a separate and further offence for each day after the day of the conviction during which the failure to do the thing continues; and

the penalty that applies to each separate and further offence is 8 penalty units.

If—

under this Act anything is required or directed to be done but no period within which or time by which the thing is to be done is specified; and

failure to do the thing constitutes an offence; and

a person is convicted of an offence for a failure to do the thing;