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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 262

Trustee must comply with requirements

  (1)   A trustee commits an offence if the trustee contravenes a requirement imposed on the trustee by or under section   257, 258 or 259.

Penalty:   100 penalty units.

  (2)   A trustee commits an offence if the trustee contravenes a requirement imposed on the trustee by or under section   257, 258 or 259. This is an offence of strict liability.

Penalty:   50 penalty units.

Note 1:   Chapter   2 of the Criminal Code sets out the general principles of criminal responsibility.

Note 2:   For strict liability , see section   6.1 of the Criminal Code .


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