FIRST HOME SAVER ACCOUNTS ACT 2008 (NO. 44, 2008) - SECT 112 Not complying with direction to comply with condition on authorisation

FIRST HOME SAVER ACCOUNTS ACT 2008 (NO. 44, 2008) - SECT 112

             (1)  An FHSA provider must comply with a direction given to it under section 99 within the time specified in the direction.

             (2)  A person commits an offence if:

                     (a)  the person is an FHSA provider; and

                     (b)  the person is in breach of subsection (1).

Penalty:  60 penalty units.

             (3)  Subsection (2) is an offence of strict liability.

Note:          For strict liability, see section 6.1 of the Criminal Code .