Document ID: chunk:federal_register_of_legislation:C2025C00122:section:7:p7
Version: federal_register_of_legislation:C2025C00122
Segment Type: section
Provision Reference: s 7 (pt 7/61)
Character Range: 197034–199963

(reappraisal required by Secretary).
 (2) The Secretary may also notify an approved provider in writing if:
 (a) the approved provider makes 2 or more of any of the following:
 (i) an appraisal under section 25‑3;
 (ii) a reappraisal under section 27‑4; and
 (b) the Secretary changes 2 or more classifications under section 29‑1 because the Secretary is satisfied that the appraisals or reappraisals were incorrect or inaccurate; and
 (c) the Secretary is satisfied that the changes, taken together, are significant (see section 29A‑3).
 (3) A notice under this section must:
 (a) specify the classification or classifications the Secretary changed; and
 (b) include a statement that the Secretary suspects the matter mentioned in paragraph (1)(a), or is satisfied of the matter mentioned in paragraph (2)(c), and the Secretary's reasons for this; and
 (c) include a statement of the effect of section 29A‑2.

29A‑2  Civil penalty
 (1) An approved provider is liable to a civil penalty if:
 (a) the Secretary changes a classification under section 29‑1; and
 (b) the change occurs in the following circumstances:
 (i) the change occurs within 2 years (the warning period) after the Secretary gives a notice to the approved provider under subsection 29A‑1(1) or (2);
 (ii) during the warning period, the approved provider, or a person acting on the approved provider's behalf, gives false or misleading information in an appraisal under section 25‑3, or reappraisal under section 27‑4, connected with the classification.
Civil penalty: 60 penalty units.
 (2) An approved provider is liable to a civil penalty if:
 (a) the Secretary changes a classification under section 29‑1; and
 (b) the change occurs in the following circumstances:
 (i) the change occurs within 2 years (the warning period) after the Secretary gives a notice to the approved provider under subsection 29A‑1(1) or (2);
 (ii) during the warning period, the approved provider makes one or more appraisals under section 25‑3 or reappraisals under section 27‑4;
 (iii) the Secretary changes the classification as mentioned in paragraph (a) of this subsection because the Secretary is satisfied that any of the appraisals or reappraisals mentioned in subparagraph (ii) of this paragraph was incorrect or inaccurate;
 (iv) the Secretary changes one or more other classifications under section 29‑1 during the warning period because the Secretary is satisfied that any of the appraisals or reappraisals mentioned in subsection (ii) of this paragraph was incorrect or inaccurate;
 (v) the changes mentioned in subparagraphs (iii) and (iv), taken together, are significant (see section 29A‑3).
Civil penalty: 60 penalty units.
 (3) To avoid doubt, the approved provider may be liable to a separate civil penalty under subsection (1) or (2) for each classification the Secretary changes under section 29‑1 during the warning period.

29A‑3  When changes are significant