NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 133CZH Obligation to give ASIC information required by the regulations

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 133CZH

Regulations may require Part   3 - 2CA body to give information

  (1)   The regulations may require:

  (a)   a Part   3 - 2CA body; or

  (b)   each Part   3 - 2CA body in a class of Part   3 - 2CA bodies;

to give ASIC specified information about whether the body, or another Part   3 - 2CA body, is complying with this Part (other than Division   4).

Requirement to comply with regulations

  (2)   If regulations under subsection   (1) require a Part   3 - 2CA body to give ASIC information, the body must give ASIC that information.

Civil penalty:   5,000 penalty units.

Offence

  (3)   A person commits an offence if:

  (a)   the person is subject to a requirement to give ASIC information under subsection   (2); and

  (b)   the person engages in conduct; and

  (c)   the conduct contravenes the requirement.

Criminal penalty:   6 months imprisonment.