Document ID: chunk:federal_register_of_legislation:C2025C00189:section:53zzc:p6
Version: federal_register_of_legislation:C2025C00189
Segment Type: section
Provision Reference: s 53ZZC (pt 6/12)
Character Range: 677396–680718

Object of this Part
58AB Simplified outline of this Part
Subdivision B—Designating sectors subject to the Scams Prevention Framework
58AC Regulated sectors subject to the Scams Prevention Framework
58AD Regulated entities for regulated sectors and their regulated services
58AE Minister must consider matters, and consult, before designating a sector
58AF Delegation
Subdivision C—Meanings of key terms
58AG Meaning of scam
58AH Meaning of SPF consumer
58AI Meaning of actionable scam intelligence
Subdivision D—Extension to external Territories and outside of Australia
58AJ Extension to external Territories and outside of Australia
Subdivision E—Application to acts done by or in relation to agents etc. of regulated entities
58AK Acts done by or in relation to agents etc. of regulated entities
Division 2—Overarching principles of the Scams Prevention Framework
Subdivision A—Preliminary
58BA Simplified outline of this Division
58BB Meaning of reasonable steps
Subdivision B—SPF principle 1: Governance
58BC Simplified outline of this Subdivision
58BD Documenting and implementing governance policies and procedures—civil penalty provision
58BE Annual certification about SPF governance policies, procedures, metrics and targets—civil penalty provision
58BF Record keeping of compliance with SPF provisions—civil penalty provision
58BG Reporting about compliance with this Subdivision—civil penalty provision
58BH Sector‑specific details can be set out in SPF codes
Subdivision C—SPF principle 2: Prevent
58BI Simplified outline of this Subdivision
58BJ Taking reasonable steps to prevent scams from being committed—civil penalty provision
58BK Further detail about certain concepts
Subdivision D—SPF principle 3: Detect
58BL Simplified outline of this Subdivision
58BM Taking reasonable steps to detect scams—civil penalty provision
58BN Investigating actionable scam intelligence—civil penalty provision
58BO Identifying impacted SPF consumers—civil penalty provision
58BP Sector‑specific details can be set out in SPF codes
Subdivision E—SPF principle 4: Report
58BQ Simplified outline of this Subdivision
58BR Reporting actionable scam intelligence to SPF regulators—civil penalty provision
58BS Reporting scams to SPF regulators—civil penalty provisions
58BT Authorised third party data gateways, portals or websites for accessing reports
58BU Relationship with other duties and obligations
58BV SPF general regulator may share information relating to scamming actions with relevant entities
Subdivision F—SPF principle 5: Disrupt
58BW Simplified outline of this Subdivision
58BX Taking reasonable steps to disrupt activities that are the subjects of actionable scam intelligence—civil penalty provision
58BY Reporting about the outcomes of investigations of activities that are the subjects of actionable scam intelligence—civil penalty provision
58BZ Sector‑specific details can be set out in SPF codes
58BZA Safe harbour for taking actions to disrupt an activity while investigating whether the activity is a scam
Subdivision G—SPF principle 6: Respond
58BZB Simplified outline of this Subdivision
58BZC Enabling SPF consumers to easily report activities that are or may be scams—civil penalty provision
58BZD Having an accessible and transparent internal dispute resolution mechanism—civil penalty provision