Commonwealth Numbered Regulations

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NATIONAL CONSUMER CREDIT PROTECTION (TRANSITIONAL AND CONSEQUENTIAL PROVISIONS) REGULATIONS 2010 (SLI NO 45 OF 2010) - REG 27

Withdrawal of infringement notice by ASIC

         (1)   ASIC may withdraw an infringement notice given by ASIC without an application under regulation 26 having been made.

         (2)   Without limiting subregulation (1), ASIC may withdraw the infringement notice after taking into account a matter mentioned in paragraph 26 (4) (a), (b), (c) or (d).



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