Commonwealth Consolidated Acts

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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 331

Enforcement of conditions to which exemption is subject

  (1)   A person must not, without reasonable excuse, contravene a condition of an exemption under this Part.

Penalty:   5 penalty units.

  (1A)   Subsection   (1) is an offence of strict liability.

Note 1:   Chapter   2 of the Criminal Code sets out the general principles of criminal responsibility.

Note 2:   For strict liability , see section   6.1 of the Criminal Code .

  (2)   If a person has contravened a condition of an exemption under this Part, the Court may, on the application of the Regulator, order the person to comply with the condition.


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