32Events for which the Regulator must be notified

32 Events for which the Regulator must be notified

For the purposes of paragraph 31(1)(a), the following events must be notified to the Regulator by an accountable entity: (a) a person ceases to be an accountable person of the accountable entity or of a significant related entity of the accountable entity; (b) an accountable person of the accountable entity, or of a significant related entity of the accountable entity, is dismissed or suspended because the person has failed to comply with one or more of the person’s accountability obligations under section 21; (c) the variable remuneration of an accountable person of the accountable entity, or of a significant related entity of the accountable entity, is reduced because the person has failed to comply with one or more of the person’s accountability obligations under section 21; (d) the accountable entity has reasonable grounds to believe that: (i) the accountable entity has failed to comply with one or more of its accountability obligations under section 20 or of its key personnel obligations under section 23; or (ii) an accountable person of the accountable entity, or of a significant related entity of the accountable entity, has failed to comply with one or more of the person’s accountability obligations under section 21; (e) a material change occurs to information that relates to an accountable person of the accountable entity, or of a significant related entity of the accountable entity, and is contained in the register established under section 40.