Document ID: chunk:federal_register_of_legislation:C2024C00813:section:72a:p2
Version: federal_register_of_legislation:C2024C00813
Segment Type: section
Provision Reference: s 72A (pt 2/2)
Character Range: 226537–228614

person known to the Registrar.
 (7) A notice is taken to have been given to the Commonwealth, a State or a Territory if it is served on a prescribed person.
 (8) If a person is convicted of an offence against subsection (1), the court may, in addition to imposing a penalty on the person, order the person to pay to the Registrar an amount that is not more than the amount, or sum of the amounts (as the case may be), that the person refused or failed to pay to the Registrar.
 (9) A person who makes a payment in compliance with a notice under subsection (1) is taken to have made the payment under the debtor's authority or the authority of any other person concerned and is indemnified in respect of that payment.
 (10) If:
 (a) the Registrar gives a notice under subsection (1); and
 (b) before the person to whom the notice is given complies with it, payment of the amount due by the debtor is made;
the Registrar must immediately give the person written notice of that payment.
 (11) For the purposes of this section, where:
 (a) a person has paid money to a co‑operative housing society in respect of the issue of withdrawable shares in the capital of the society; and
 (b) the co‑operative housing society has not repaid the money;
the money is taken to be:
 (c) if the money is repayable on demand—due by the co‑operative housing society to the person; and
 (d) in any other case—money that may become due by the co‑operative housing society to the person.
 (12) For the purposes of this section, if, apart from this subsection, money is not due, or repayable on demand to a person unless a condition is fulfilled, the money is taken to be due, or repayable on demand (as the case may be), to the person even though the condition has not been fulfilled.
 (13) In this section:
co‑operative housing society means a society registered or incorporated as a co‑operative housing society or similar society under a law of a State or Territory.
person includes a partnership and any Commonwealth, State or Territory public authority (whether incorporated or unincorporated).