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BUILDING ACT 2004 - SECT 104 Compliance with prudential standards by trustees

BUILDING ACT 2004 - SECT 104

Compliance with prudential standards by trustees

    (1)     The trustees of an approved scheme each commit an offence if the trustees fail to ensure that the scheme complies with the prudential standards.

Maximum penalty: 60 penalty units.

    (2)     An offence against this section is a strict liability offence.