Cash Distribution Framework Act 2026
185Enforceable undertakings
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185 Enforceable undertakings
Enforceable provisions
(1) Each civil penalty provision of this Act is enforceable under Part 6 of the Regulatory Powers Act.
Note: Part 6 of the Regulatory Powers Act creates a framework for accepting and enforcing undertakings relating to compliance with provisions.
Authorised person
(2) For the purposes of Part 6 of the Regulatory Powers Act:
(a) the Reserve Bank is an authorised person in relation to each civil penalty provision of Part 6 or 7, Division 3 or 4 of Part 8, or subsection 194(1) or 195(1) of this Act; and
(b) the ACCC is an authorised person in relation to each other civil penalty provision of this Act.
Relevant court
(3) For the purposes of Part 6 of the Regulatory Powers Act, each of the following courts is a relevant court in relation to the civil penalty provisions of this Act:
(a) the Federal Court of Australia;
(b) the Federal Circuit and Family Court of Australia (Division 2);
(c) a court of a State or Territory that has jurisdiction in relation to matters arising under this Act.
Enforceable undertaking may be published
(4) The Reserve Bank may publish an undertaking accepted by the Reserve Bank on the Reserve Bank’s website.
(5) The ACCC may publish an undertaking accepted by the ACCC on the ACCC’s website.
Extension to external Territories
(6) Part 6 of the Regulatory Powers Act, as that Part applies in relation to the provisions mentioned subsection (1), extends to every external Territory.