Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
A monitoring body for a compliance scheme must ensure that the scheme is publicly available while any approval given under section 921K is in force in relation to the scheme. Offence 921P(2)
A person commits an offence if:
(a) the person is a monitoring body for a compliance scheme; and
(b) an approval given under section 921K is in force in relation to the scheme; and
(c) the scheme is not publicly available.
PART 7.6
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LICENSING OF PROVIDERS OF FINANCIAL SERVICES
Division 8B
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Compliance schemes
Subdivision D
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Other provisions
SECTION 921P
OBLIGATION TO ENSURE THAT COMPLIANCE SCHEME IS PUBLICLY AVAILABLE
921P(1)
A monitoring body for a compliance scheme must ensure that the scheme is publicly available while any approval given under section 921K is in force in relation to the scheme. Offence 921P(2)
A person commits an offence if:
(a) the person is a monitoring body for a compliance scheme; and
(b) an approval given under section 921K is in force in relation to the scheme; and
(c) the scheme is not publicly available.
Penalty: 30 penalty units.
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