National Consumer Credit Protection Act 2009

CHAPTER 5 - ADMINISTRATION  

PART 5-2 - DOCUMENTS LODGED WITH ASIC OR REQUIRED BY THIS ACT  

Division 3 - ASIC ' s register of documents  

SECTION 220   ASIC MAY REQUIRE PERSON TO GIVE INFORMATION FOR DOCUMENT REGISTERS  
Notice to person to give information

220(1)    
If information about a person is included on the document registers, ASIC may, at any time, give the person a written notice requiring the person to give to ASIC specified information about the person, being information of the kind included on the document registers.

Notice must specify day by which person must comply

220(2)    
The notice must specify the day by which the person must comply with the notice (which must be a reasonable period after the notice is given). ASIC may extend the day by giving a written notice to the person.

Requirement to comply with notice

220(3)    

The person must comply with the notice within the time specified in the notice.

Civil penalty: 5,000 penalty units.

Strict liability offence

220(4)    

A person commits an offence if:

(a) the person is subject to a requirement under subsection (3); and

(b) the person engages in conduct; and

(c) the conduct contravenes the requirement.

Criminal penalty: 120 penalty units.

220(5)    
Subsection (4) is an offence of strict liability.

Note:

For strict liability, see section 6.1 of the Criminal Code .