24Duty of licensee to notify failure to account

#### 24 Duty of licensee to notify failure to account 24 Duty of licensee to notify failure to account > > (1) A licensee must notify the Secretary as soon as practicable after becoming aware of any failure to account by the licensee. > > > > Maximum penalty—50 penalty units. > > > (2) In this section— > > > > failure to account has the same meaning as in Part 8 (Management and receivership).