Retirement Savings Accounts Act 1997
A person must not, without reasonable excuse, contravene a condition of an exemption under this Part.
Penalty: 5 penalty units.
176(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 .
View history note
Hide history noteIf 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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