Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Act 2019 (17 of 2019)

Schedule 3   Amendment of the National Consumer Credit Protection Act 2009

Part 1   Amendments of the infrastructure provisions for civil penalties, offences and infringement notices

National Consumer Credit Protection Act 2009

25   Subsection 24(2) of the National Credit Code

Repeal the subsection (including the note), substitute:

Offence

(2) A person commits an offence of strict liability if:

(a) the person is subject to a requirement under subsection (1) or (1A); and

(b) the person engages in conduct; and

(c) the conduct contravenes the requirement.

Criminal penalty: 100 penalty units.