Registrar to be advised of contraventions of division or rules etc. found during inspection
793 Registrar to be advised of contraventions of division or rules etc. found during inspection
If, as a result of inspecting the financial records of a reporting unit, a person reasonably believes a relevant contravention may have occurred, the person must give the registrar—
written notice to that effect; and
any relevant information obtained during the inspection.
Maximum penalty—100 penalty units.
If the registrar receives a notice under subsection (1) and is satisfied there are reasonable grounds for believing that there has been a relevant contravention, the registrar must investigate the matter under section 795.
In this section—
relevant contravention means a contravention of—
a provision of this division; or
the reporting guidelines; or
a regulation made for this division; or
a rule of a reporting unit relating to its finances or financial administration.
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