Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.6 - LICENSING OF PROVIDERS OF FINANCIAL SERVICES  

Division 9 - Records relating to financial services  

Subdivision B - Notice requirements relating to relevant providers  

SECTION 922M   FAILING TO COMPLY WITH OBLIGATION TO NOTIFY ASIC OR THE REGISTRAR  

Failing to comply with obligation to notify ASIC

922M(1)  
A person contravenes this subsection if:

(a)  the person is required to cause a notice to be lodged under a notice provision; and

(b)  the person fails to cause the notice to be lodged in accordance with that provision.

Note: A notice must be lodged in accordance with section 922L in order to be lodged in accordance with a notice provision (see subsection (1) of the notice provision).

922M(2)  
(Repealed by No 69 of 2020, s 3, Sch 1[1160] (effective 22 June 2022).) Fault-based offence

922M(3)  
A person commits an offence if the person contravenes subsection (1).

922M(4)  
Subsection 4K(2) of the Crimes Act 1914 does not apply to subsection (1) of this section.

Note: A person may commit an offence or contravene a civil penalty provision if the person gives false or misleading information (see section 1308 of this Act and section 137.1 of the Criminal Code ).

Civil liability

922M(5)  
A person contravenes this subsection if the person contravenes subsection (1).

Note: This subsection is a civil penalty provision (see section 1317E ).


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