Retirement Savings Accounts Act 1997

S 55 repealed by No 123 of 2001, s 3 and Sch 1 item 269, effective 11 March 2002. S 55 formerly read:

DOCUMENTS TO BE GIVEN TO EMPLOYEES  
55(1)
If a person becomes the holder of an RSA as the result of an application referred to in subsection 54(1), the RSA provider must, as soon as practicable after first providing the RSA, provide the prescribed information to the RSA holder.

55(2)
An RSA provider who intentionally or recklessly contravenes a requirement of this section is guilty of an offence punishable on conviction by a fine not exceeding 100 penalty units.

Note:

Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.

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History

S 55(2) amended by No 31 of 2001, s 3 and Sch 1 item 118, by inserting the note at the end, effective 15 December 2001.