SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993

PART 29 - EXEMPTIONS AND MODIFICATIONS  

SECTION 331   ENFORCEMENT OF CONDITIONS TO WHICH EXEMPTION IS SUBJECT  

331(1)   [Prohibition]  

A person must not, without reasonable excuse, contravene a condition of an exemption under this Part.

Penalty: 5 penalty units.

331(1A)   [Strict liability]  

Subsection (1) 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 .

331(2)   [Court may order compliance]  

If a person has contravened a condition of an exemption under this Part, the Court may, on the application of the Regulator, order the person to comply with the condition.




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