Document ID: chunk:federal_register_of_legislation:C2025C00154:section:35
Version: federal_register_of_legislation:C2025C00154
Segment Type: section
Provision Reference: s 35
Character Range: 52463–53115

35  Notification of breach of conditions
 (1) An RSA institution must, as soon as practicable, and in any event within 30 days, after becoming aware of a contravention of a condition to which the approval of the RSA institution is subject, give APRA a written notice setting out particulars of the contravention.
 (2) An RSA institution must not, without reasonable excuse, contravene subsection (1).
Penalty: 250 penalty units.
 (3) Subsection (2) is an offence of strict liability.
Note 1: Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
Note 2: For strict liability, see section 6.1 of the Criminal Code.