60Action by prescribed body on determination

60 Action by prescribed body on determination

(1)  [Section 60 Subsection (1) amended by No. 13 of 2015, s. 38, Applied:01 Jul 2015] Within 30 days after receiving a report on a complaint investigation under section 57(2) that contains a recommendation of a kind referred to in section 57(2)(b) , the prescribed body must provide the Regulator with written notice of any action it has taken or intends to take as a result of receiving that report and, if the prescribed body intends to take an action, the period in which that action is intended to be taken.

Penalty:  Fine not exceeding 100 penalty units.

(2)  [Section 60 Subsection (2) substituted by No. 13 of 2015, s. 38, Applied:01 Jul 2015] At any time after the end of the period referred to in subsection (1) , the Regulator may require the prescribed body, within the period specified in the requirement, to provide the Regulator with information in respect of –

(a) any action the prescribed body has taken or is still to take as a result of receiving the complaint investigation report under section 57(2) ; or

(b) any recommendation, in the report, of a kind referred to in section 57(2)(a) or (b) in respect of which the prescribed body is not intending to take action.

(3)  A prescribed body must not contravene a requirement made under subsection (2) .

Penalty:  Fine not exceeding 100 penalty units.