(1) A licensed manufacturer must report an event specified in subsection (2) to the Health Secretary within 7 days.
Penalty: 100 penalty units.
(2) For the purposes of subsection (1), the following events are specified—
(a) a change in the details specified in the licence;
(b) the signing of a personal insolvency agreement or any declaration of bankruptcy that applies to the licensed manufacturer;
(c) an event that means that any information included in the application for the licence is no longer accurate;
(d) if the licensed manufacturer is not an individual, the manufacturer entering into voluntary administration, liquidation or receivership;
(e) any of the following events that happens after the licensed manufacturer made the application for the licence—
(i) a person becoming an associate of the licensee;
(ii) the licensee being found guilty of an offence in Victoria or another jurisdiction, including a jurisdiction outside Australia;
(iii) an associate of the licensee being found guilty of a serious offence in Victoria or another jurisdiction, including a jurisdiction outside Australia.