38ACCC may require further information

38 ACCC may require further information

(1) The ACCC may, by notice in writing given to a designated entity that has made an approval application, require the entity to give the ACCC, within a reasonable period specified in the notice, further information that the ACCC considers relevant to making its decision on the application.

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

(a) the entity is required to give information in accordance with a notice under subsection (1); and

(b) the entity fails to comply with the requirement.

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.