Document ID: chunk:federal_register_of_legislation:C2021A00005:clause:1_133czh
Version: federal_register_of_legislation:C2021A00005
Segment Type: clause
Provision Reference: sch 1 cl 133CZH
Character Range: 35496–36369

133CZH  Obligation to give ASIC information required by the regulations

Regulations may require Part 3‑2CA body to give information
 (1) The regulations may require:
 (a) a Part 3‑2CA body; or
 (b) each Part 3‑2CA body in a class of Part 3‑2CA bodies;
to give ASIC specified information about whether the body, or another Part 3‑2CA body, is complying with this Part (other than Division 4).

Requirement to comply with regulations
 (2) If regulations under subsection (1) require a Part 3‑2CA body to give ASIC information, the body must give ASIC that information.
Civil penalty: 5,000 penalty units.

Offence
 (3) A person commits an offence if:
 (a) the person is subject to a requirement to give ASIC information under subsection (2); and
 (b) the person engages in conduct; and
 (c) the conduct contravenes the requirement.
Criminal penalty: 6 months imprisonment.