Australian Capital Territory Consolidated Acts(1) A licensee commits an offence if the licensee—
(a) stops carrying on business under the licence; and
(b) fails to tell the registrar, in writing, that the licensee has stopped carrying on business under the licence as soon as practicable, but not later than 7 days, after the day the person stops carrying on business.
Maximum penalty: 5 penalty units.
(2) An offence against this section is a strict liability offence.