Victorian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

AUSTRALIAN CONSUMER LAW AND FAIR TRADING ACT 2012 - SECT 50

Authority may impose conditions

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

    (2)     The Authority may vary any of the conditions it has imposed—

        (a)     on the application of the person given the permission, upon the payment of the prescribed fee (if any);

        (b)     on the application of the Director;

        (c)     of its own motion.

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

Penalty:     240 penalty units or 2 years imprisonment, in the case of a natural person;

1200 penalty units, in the case of a body corporate.

    (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.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback