sec.19Compliance notice

sec.19 Compliance notice

The chief executive may give the funded entity a notice (a compliance notice ) requiring the funded entity to remedy the serious concern or comply with the requirement notice. The compliance notice must state the following— that the chief executive reasonably believes— a serious concern exists; or the funded entity has failed to comply with a requirement notice; the grounds for the chief executive’s belief; an outline of the facts and circumstances forming the basis for the grounds; that the funded entity must remedy the serious concern or noncompliance within a stated reasonable time; that it is an offence to fail to comply with the compliance notice unless the funded entity has a reasonable excuse. The compliance notice may also state— the reasonable steps the chief executive is satisfied are necessary to remedy the serious concern or noncompliance; and that the funded entity must report in writing to the chief executive after taking a step or steps. The funded entity must comply with the compliance notice unless the funded entity has a reasonable excuse. Maximum penalty—100 penalty units. If the chief executive reasonably believes the funded entity has contravened subsection (4) , the chief executive may decide— to suspend or stop the funding despite anything in a funding agreement about the funding; or to terminate the funding agreement to the extent it is about the funding. s 19 sub 2014 No. 12 s 8 (sec.19-ssec.1) The chief executive may give the funded entity a notice (a compliance notice ) requiring the funded entity to remedy the serious concern or comply with the requirement notice. (sec.19-ssec.2) The compliance notice must state the following— that the chief executive reasonably believes— a serious concern exists; or the funded entity has failed to comply with a requirement notice; the grounds for the chief executive’s belief; an outline of the facts and circumstances forming the basis for the grounds; that the funded entity must remedy the serious concern or noncompliance within a stated reasonable time; that it is an offence to fail to comply with the compliance notice unless the funded entity has a reasonable excuse. (sec.19-ssec.3) The compliance notice may also state— the reasonable steps the chief executive is satisfied are necessary to remedy the serious concern or noncompliance; and that the funded entity must report in writing to the chief executive after taking a step or steps. (sec.19-ssec.4) The funded entity must comply with the compliance notice unless the funded entity has a reasonable excuse. Maximum penalty—100 penalty units. (sec.19-ssec.5) If the chief executive reasonably believes the funded entity has contravened subsection (4) , the chief executive may decide— to suspend or stop the funding despite anything in a funding agreement about the funding; or to terminate the funding agreement to the extent it is about the funding.