249E Financial institution must comply with a notice
(1) A financial institution must comply with a notice given to it under
section 249B.
Penalty—
Maximum penalty—2,500 penalty units.
(2)
It is a defence to a prosecution for an offence against subsection (1) for the
financial institution to prove it—
(a) could not reasonably comply with the
notice within the time stated in the notice; and
(b) took reasonable steps to
comply with the notice; and
(c) gave the advice stated in the notice as soon
as practicable after the financial institution was required to give the advice
as stated in the notice.
