19Requirement to give ACCC report upon becoming a designated entity

19 Requirement to give ACCC report upon becoming a designated entity

(1) A designated entity must give to the ACCC a written report containing the information specified in section 21 in relation to any service agreement or access agreement for which it is a provider at the time its designation under section 14 comes into force.

(2) The report must be given:

(a) within 30 business days after the entity’s designation comes into force; or

(b) if the ACCC determines a longer period for the report under section 22—within the period determined.

(3) A designated entity is liable to a civil penalty if:

(a) the entity is required to give a report under subsection (1); and

(b) the entity fails to give the report within the period required by subsection (2).

Note 1: An individual may be liable for an ancillary contravention of this civil penalty provision (see section 92 of the Regulatory Powers Act).

Note 2: This subsection is a continuing civil penalty provision under section 93 of the Regulatory Powers Act.

Civil penalty:

(a) for a body corporate—300 penalty units; and

(b) for an individual—60 penalty units.

(4) A report under subsection (1) is not a legislative instrument.