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AGENTS FINANCIAL ADMINISTRATION ACT 2014 - SECT 131
Chief executive may seek undertaking after contravention
131 Chief executive may seek undertaking after contravention
(1) If the chief executive believes on reasonable grounds a person has
contravened or been involved in a contravention of this Act, the chief
executive may, by written notice given to the person— (a) state the act or
omission the chief executive believes is the contravention; and
(b) ask the
person to give the chief executive a written undertaking that the person will
not continue or repeat the act or omission.
(2) The chief executive can not
start an offence proceeding against the person for the contravention if— (a)
the person gives the undertaking; and
(b) the chief executive accepts the
undertaking; and
(c) for a contravention consisting of a series of acts or
omissions, the person stops the acts or omissions.
(3) Subsection (2) does
not apply if the chief executive withdraws the undertaking under section 133 .
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