Victorian Consolidated Legislation

Introduction Agents Act 1997 - SECT 75

Transitional provision-existing agents have 3 months to file section 15 notice

75. Transitional provision-existing agents have 3 months to file section 15
notice



(1) Section 15 does not apply to a person who was acting as an introduction
agent immediately before the commencement day.

(2) However, the person must not continue to act as an introduction agent
after the compliance day unless she, he or it has given the Secretary written
notice that she, he or it is acting as an introduction agent.

Penalty: 500 penalty units.

(3) In order to comply with subsection (2), the notice must be in the form,
and contain the details, required by the Secretary.

(4) A reference to a notice under section 15 in sections 35 and 36 includes a
reference to a notice under this section.

(5) A reference to section 15 in section 37 includes a reference to this
section.