Document ID: chunk:federal_register_of_legislation:C2024C00826:section:52
Version: federal_register_of_legislation:C2024C00826
Segment Type: section
Provision Reference: s 52
Character Range: 160840–161857

52  Obligation to cite Australian credit licence number

When this section applies
 (1) This section applies on or after the day that is 2 years after the day section 3 commences.

Requirement to include licence number in documents
 (2) Whenever a licensee identifies itself in a document of a kind prescribed by the regulations, the licensee must:
 (a) include in the document the licensee's Australian credit licence number; and
 (b) identify in the document that the number is the licensee's Australian credit licence number.
Civil penalty: 5,000 penalty units.

Strict liability offence
 (3) A person commits an offence if:
 (a) the person is subject to a requirement under subsection (2) to include and identify its Australian credit licence number in a document; and
 (b) the person engages in conduct; and
 (c) the conduct contravenes the requirement.
Criminal penalty: 20 penalty units.
 (4) Subsection (3) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.