Victorian Consolidated Legislation

Consumer Credit (Victoria) Act 1995 - SECT 37H

Authority may impose conditions

37H. Authority may impose conditions



(1) In giving its permission under this Division, the Authority may impose any
conditions it considers appropriate to ensure the ongoing protection of the
public interest.

(2) The person given the permission, or the Director, may apply to the
Authority for a variation or revocation of any conditions the Authority has
imposed.

(3) A person given the permission must comply with any conditions imposed in
respect of that permission.

Penalty: In the case of a corporation, 240 penalty units; In any other case,
240 penalty units or 2 years imprisonment.

(4) If the Authority is satisfied that any condition imposed in respect of a
permission has been contravened or not complied with, it may revoke the
permission.

(5) Before taking any action under this section, the Authority may seek and
use information and advice from any person or body or other source as it
thinks fit.