Document ID: chunk:federal_register_of_legislation:C2022A00034:clause:7_12:p2
Version: federal_register_of_legislation:C2022A00034
Segment Type: clause
Provision Reference: sch 7 cl 12 (pt 2/2)
Character Range: 128755–129760

offence of strict liability if:
 (a) an approved provider that is a *corporation has used a *refundable deposit or *accommodation bond to make a loan to the person; and
 (b) the Secretary or *Quality and Safety Commissioner requests the person to give information or documents under subsection (1) relating to that use; and
 (c) the person fails to comply with the request within the period, or before the time, required under subsection (5).
Penalty: 30 penalty units.

Compensation
 (7) If the operation of this section would result in an acquisition of property from a person otherwise than on just terms, the Commonwealth is liable to pay a reasonable amount of compensation to the person.
 (8) If the Commonwealth and the person do not agree on the amount of the compensation, the person may institute proceedings in the Federal Court of Australia, or the Supreme Court of a State or Territory, for the recovery from the Commonwealth of such reasonable amount of compensation as the court determines.