A licence-holder, on receiving a notice under section 109 (Notice of decision), must return the licence document to the regulator in accordance with the notice.
Maximum penalty:
(a) in the case of an individual—$1 250; or
(b) in the case of a body corporate—$6 000.
Note Strict liability applies to each physical element of each offence under this regulation, unless otherwise stated (see s 6A).