Retirement Savings Accounts Act 1997

PART 10 - MONITORING AND INVESTIGATION  

Division 3 - Investigations by the Regulator  

SECTION 96   INSPECTORS  

96(1)   [Appointment]  

The Regulator may, in writing, appoint:

(a) a member of the staff of the Regulator; or

(b) a member of the staff of the other Regulator; or

(c) a member of staff of a prescribed regulatory agency;

to be an inspector for the purposes of the conduct of investigations under this Division in relation to the affairs of RSA providers.

96(2)   [Identity card]  

The Regulator must cause to be issued to each person appointed under subsection (1) an identity card that sets out the name and appointment of the person and to which is attached a recent photograph of the person.

96(3)   [Return of identity card]  

A person who was appointed under subsection (1) must not, upon ceasing to be an inspector, fail, without reasonable excuse, to return to the Regulator the identity card issued to him or her under this section.

Penalty for a contravention of this subsection: One penalty unit.

96(4)   [Strict liability]  

Subsection (3) 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 .