(1) A registration holder must notify the regulator as soon as practicable if the registration document is lost, stolen or destroyed.: Maximum penalty--(a) in the case of an individual--$1,250, or(b) in the case of a body corporate--$6,000.
(2) If a registration document is lost, stolen or destroyed, the registration holder may apply to the regulator for a replacement document.Note : A registration holder is required to keep a registration document available for inspection (see clause 275).
(3) An application for a replacement registration document must be made in the manner and form required by the regulator.
(4) The application must--(a) include a declaration describing the circumstances in which the original document was lost, stolen or destroyed, andNote : See section 268 of the Act for offences relating to the giving of false or misleading information under the Act or this Regulation.(b) be accompanied by the relevant fee.
(5) The regulator must issue a replacement registration document if satisfied that the original document was lost, stolen or destroyed.
(6) If the regulator refuses to issue a replacement registration document, it must give the registration holder written notice of this decision, including the reasons for the decision within 14 days of making the decision.
Note : A refusal to issue a replacement registration document is a reviewable decision (see clause 676).