Document ID: chunk:federal_register_of_legislation:C2024C00514:section:116
Version: federal_register_of_legislation:C2024C00514
Segment Type: section
Provision Reference: s 116
Character Range: 217068–218519

116  Regulator may obtain information or documents

Scope
 (1) This section applies to a person if the Regulator believes on reasonable grounds that the person has information or a document that is relevant to the operation of this Act.

Requirement
 (2) The Regulator may, by written notice given to the person, require the person:
 (a) to give to the Regulator, within the period and in the manner and form specified in the notice, any such information; or
 (b) to produce to the Regulator, within the period and in the manner specified in the notice, any such documents; or
 (c) to make copies of any such documents and to produce to the Regulator, within the period and in the manner specified in the notice, those copies.
 (3) A period specified under subsection (2) must not be shorter than 14 days after the notice is given.

Compliance
 (4) A person must comply with a requirement under subsection (2) to the extent that the person is capable of doing so.
Civil penalty: 60 penalty units.
 (5) The maximum civil penalty for each day that a contravention of subsection (4) continues is 5% of the maximum civil penalty that can be imposed in respect of that contravention.
Note: Subsection (4) is a continuing civil penalty provision under section 93 of the Regulatory Powers Act.

No limitation
 (6) This section is not limited by any other provision of this Act that relates to the powers of the Regulator to obtain information or documents.