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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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