Commonwealth Numbered Acts

FINANCIAL ACCOUNTABILITY REGIME ACT 2023 (NO. 67, 2023) - SECT 80

             (1)  A person contravenes this subsection if:

                     (a)  the person is an accountable entity; and

                     (b)  the person is subject to an obligation under Chapter 2; and

                     (c)  the person fails to comply with the obligation.

Note:          It is generally not necessary to prove a person's state of mind in proceedings for a contravention of a civil penalty provision (see section 94 of the Regulatory Powers Act, which applies because of section 82 of this Act).

             (2)  A person is liable to a civil penalty if the person contravenes subsection (1).