Warning notice may be given
271AC Warning notice may be given
The regulator may give the retailer a notice (the warning notice), warning the retailer that the regulator proposes to give the retailer a further notice about the contravention (a contravention notice).
The regulator must make the decision about whether to give the warning notice as soon as practicable after forming the suspicion.
However, a failure to comply with subsection (2) does not affect the validity of the warning notice or any subsequent contravention notice.
Despite subsections (2) and (3), if the regulator proposes to give a warning notice for a contravention, it can only be given within 2 years after the day on which the contravention happened.
This Act’s bill:Explanatory memorandum
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