Document ID: chunk:federal_register_of_legislation:C2024A00104:section:169
Version: federal_register_of_legislation:C2024A00104
Segment Type: section
Provision Reference: s 169
Character Range: 301025–301926

169  Responsible persons of a registered provider must notify of change of circumstances relating to suitability
 (1) If:
 (a) a person is one of the responsible persons of a registered provider of a kind prescribed by the rules; and
 (b) the person becomes aware of a change of circumstances that relates to a suitability matter in relation to the person;
the person must notify the provider of the change.
 (2) The notification must:
 (a) be given in writing; and
 (b) be given within 14 days after the person becomes aware of the change of circumstances; and
 (c) set out the details of the change of circumstances that relates to a suitability matter in relation to the person.
 (3) A person commits an offence of strict liability if:
 (a) the person is one of the responsible persons of a registered provider; and
 (b) the person fails to comply with subsection (1).
Penalty:  30 penalty units.