Document ID: chunk:federal_register_of_legislation:C2024C00826:clause:1_98
Version: federal_register_of_legislation:C2024C00826
Segment Type: clause
Provision Reference: sch 1 cl 98
Character Range: 907523–908245

98  Information as to location of mortgaged goods
 (1) A credit provider may, by written notice to a mortgagor under a goods mortgage, require the mortgagor to inform the credit provider, within 7 days after the day the notice is given to the mortgagor, where the mortgaged goods are and, if the mortgaged goods are not in the mortgagor's possession, to give the credit provider all information in the mortgagor's possession that might assist the credit provider to trace the goods.
 (2) A mortgagor who contravenes a notice under this section commits an offence.
Criminal penalty: 50 penalty units.
 (3) Subsection (2) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.