Document ID: chunk:federal_register_of_legislation:C2025A00016:clause:6_8:p2
Version: federal_register_of_legislation:C2025A00016
Segment Type: clause
Provision Reference: sch 6 cl 8 (pt 2/2)
Character Range: 274816–275493

for the purposes of this Part, in relation to the person or entity covered by column 2 of that item, in circumstances not permitted by this section, the person or entity covered by column 1 of that item:
 (a) must ensure that an amount equal to the relevant amount is withdrawn or transferred from that account; and
 (b) must do so before the end of the period of 6 weeks beginning on the day the person or entity becomes so aware.

Civil penalty
 (8) A person or entity contravenes this subsection if:
 (a) the person or entity is subject to an obligation under this section; and
 (b) the person or entity fails to comply with the obligation.
Civil penalty: 200 penalty units.