17
CurrentRequirements of business in respect of business register
Part 3Business and trustees
Division 3Offences for failure to meet obligations in respect of unclaimed money
17 Requirements of business in respect of business register
If section 11(1) applies to a business, the business must not, without reasonable excuse, fail to make entries in the business register as required by section 11(1).
- In the case of a natural person, 30 penalty units;
In the case of a body corporate, 60 penalty units.
Note to s. 17 inserted by No. 13/2013 s. 50(1).
Note
Section 26A applies to an offence against this section.
This Act’s bill:Explanatory memorandumSecond reading speech
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