(1)

A person commits an offence if:

(a) the President or the Commission gives the person a notice in writing under subsection 54(2), requiring the person to disclose the source of actuarial or statistical data; and
(b) the person does not comply with the requirement within 28 days after being given the notice.

Penalty: 10 penalty units.

(2)

Subsection (1) does not apply if the person has a reasonable excuse.

Note: A defendant bears an evidential burden in relation to the matter in subsection (2) (see subsection 13.3(3) of the Criminal Code ).

(3)

Subsection (1) is an offence of strict liability.

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

(4)

Subsection 4K(2) of the Crimes Act 1914 does not apply to subsection (1).