13Orders of approved company

#### 13 Orders of approved company 13 Orders of approved company > > (1) An approved company may, with the approval of the Minister, make orders, not inconsistent with this Act or the regulations, for or with respect to the approved company’s functions. > > > (2) Without limiting subsection (1), an order under this section may make requirements of the kind specified in section 11 (b). > > > (3) An approved company may, with the approval of the Minister, by order vary or revoke any order made under this section. > > > (4) An order made under this section— > > > > > (a) must be published in the Gazette, and > > > > > (b) takes effect on the day it is so published (or, if a later day is specified in the order for that purpose, on the later day so specified). > > > (5) Subsection (4) (b) does not prevent an order from specifying different days in relation to different portions of the order. > > > (6) A person must not, without reasonable excuse, refuse or fail to comply with an order made under this section. > > > > Maximum penalty—200 penalty units in the case of a corporation or 50 penalty units in the case of an individual. > > > (7) However, a person who is required to comply with an order made under this section may apply to the Civil and Administrative Tribunal for an administrative review under the [Administrative Decisions Review Act 1997](/view/html/inforce/current/act-1997-076) of the decision of the approved company that gave rise to the order. > > > (8) If such an application is made— > > > > > (a) proceedings against the applicant for an offence under this section may not be instituted, and > > > > > (b) any such pending proceedings are stayed, > > > > until the completion of the review process. > > **s 13:** Am 2013 No 95, Sch 2.29 \[3\].