Queensland Consolidated Regulations

EXPLOSIVES REGULATION 2017 - REG 43

43 Notification requirements for all authority holders

(1) This section applies if any of the following events (each a
"prescribed event" ) happens during the term of an authority—

(a) the holder of the authority becomes aware of a change in circumstances that prevents the holder complying with the Act or a condition of the authority;

Example for paragraph (a)—

a change in the holder’s physical health

(b) if the holder of the authority is an individual—

(i) the holder’s name changes; or

(ii) the holder’s address changes; or

(iii) the holder becomes an insolvent under administration;

(c) if the holder of the authority is a corporation—

(i) there is a change to the corporation’s executive officers; or

(ii) the corporation becomes an externally administered corporation;

(d) if the holder of the authority is a corporation other than a listed corporation—there is a change to the corporation’s shareholders;

(e) if the authority is not a security sensitive authority or the holder of the authority is a corporation—the holder is, in Queensland or elsewhere, convicted of or charged with an offence involving a prescribed activity.

(2) The holder of the authority must, as soon as practicable after the holder becomes aware the prescribed event has happened, give the chief inspector a notice about the event, unless the holder has a reasonable excuse.

Penalty—

Maximum penalty—

(a) for a prescribed event mentioned in subsection (1) (b) (i) or (ii) —20 penalty units; or

(b) otherwise—200 penalty units.

(3) In this section—

"externally administered corporation" means a Chapter 5 body corporate within the meaning of the Corporations Act , section 9 .