Document ID: chunk:federal_register_of_legislation:C2006C00754:clause:9_24e
Version: federal_register_of_legislation:C2006C00754
Segment Type: clause
Provision Reference: sch 9 cl 24E
Character Range: 216645–217921

24E  Advice by certain cash dealers to the Director

 (1) If a person carries on a business mentioned in subparagraph (k)(ib) or paragraph (l) of the definition of cash dealer, the person must advise the Director, in writing, of:
 (a) the person's name and all prescribed particulars; and
 (b) the fact that the person carries on such a business.

 (2) A person commits an offence if:
 (a) the person carries on a business mentioned in subparagraph (k)(ib) or paragraph (l) of the definition of cash dealer; and
 (b) the person fails to comply with subsection (1):
 (i) if the person starts to carry on the business on or after the day on which this section commences—within 30 days of starting to carry on the business; and
 (ii) in any other case—within 30 days after the day on which this section commences.

Penalty: Imprisonment for 2 years.

Note: Subsection 4B(2) of the Crimes Act 1914 allows a court to impose in respect of an offence an appropriate fine instead of, or in addition to, a term of imprisonment. If a body corporate is convicted of an offence, subsection 4B(3) of that Act allows a court to impose a fine of an amount that is not greater than 5 times the maximum fine that could be imposed by the court on an individual convicted of the same offence.