(1) A person commits an offence if the person:
(a) is a betting exchange licensee or sports bookmaker licensee; and
(b) receives a notice from the Commission under section 211 prohibiting the opening of an account for a person specified in the notice; and
(c) opens an account for the person specified in the notice.
Maximum penalty: 2 500 penalty units.
(2) An offence against subsection (1) is an offence of strict liability.
(3) It is a defence to a prosecution for an offence against subsection (1) if the defendant took reasonable steps and exercised due diligence to prevent the commission of the offence.
(4) The defendant has a legal burden of proof in relation to a matter mentioned in subsection (3).